Hello dear Tron members,
This is Abeed here. In my last post I talked about Cryptocurrency. Today I am going to talk about BLOCKCHAIN. So, let's start...
What Is Blockchain?
Blockchain is a technology which can record any information very secure. It is not possible that someone can hack your information or your account without your key. That's why blockchain is a very and very safe Technology.
Is Bitcoin use blockchain or it base on that?
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Yes, Bitcoin use the blockchain technology. Bitcoin store the transaction code on blockchain. For that reason it would never hack.
How do Blockchain work for Bitcoin?
Suppose You have Bitcoin abd you need to transfer it to me. Then you can simply login your account with your key and send it to me. But The blockchain creates a hash for your transaction.
Why can't hackers hack it?
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People can't hack it because it change it's hash after every transaction.
Look, suppose you have five hash in you transaction. just suppose that.
If hacker hack the third hash, at that time the previous means (the second) hash will be change. This process work like this and it creats a new hash in just 10 minutes. So it is impossible to hack for a hacker. That's why Blockchain is very secure.
[Forgive ne if I do any mistake]
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Okay. I will increase it.
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