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.
What is Cryptocurrency ?
Cryptocurrency is a peer to peer version of digital cash which can float from one node to another node without any financial organization.Bitcoin is most popular example of Cryptocurrency.
What is ledger?
Ledger is a collection of accounts or financial accounts.
What is Peer to Peer (P2P) Network?
Peer to Peer network is a distributed architecture where n number of systems are connected and share assets without a server.
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 different nodes in a network.
Up-coming Questions:
- What is Ethereum?
- What is Smart Contract?
- What is DAPP?
- What is Wallet?
- What is mining?
- What is role of Consensus modal in Blockchain?
- Difference between Proof of Work , Proof of Stake , Proof of Authority?
Blockchain Tutorials 