What is Smart Contract?

A smart contract is a small computer script that executes on a blockchain. In simple term we can say , a smart contract is set of rules which are executed when certain condition occurs. Smart contracts is the core part of development for blockchain. In Smart  Contract , we do not need any third party…

What is Blockchain?

Blockchain is a digital ledger that provides a most secure way of processing transactions. Blockchain acts as a decentralized database that stores collections of transactions over peer to peer network. In peer to peer network  everyone can securely access data. Each transaction in the public ledger is validated by participating nodes in network.  All the…

Interview Questions

What is Blockchain? Blockchain is a digital ledger that provides a most secure way of processing transactions. Blockchain acts as a decentralized database that stores collections of transactions over peer to peer network. More Details… What is  Cryptocurrency ? Cryptocurrency is a peer to peer version of digital cash which can float from one node…

What is a decentralized database?

A decentralized database is a database which is installed on different systems that are  located at different locations. So decentralized database doesn’t have a single location, and instead, pieces of information are stored in different locations which are all connected to each other. Processing of the data in this type of database is distributed between…