oter

Each block in a blockchain contains a cryptographic hash of the previous block, creating a secure chain of data from "summary" of Blockchain Technology Explained by Alan T. Norman

Blockchain technology relies on a structure where each block contains a unique cryptographic hash, a kind of digital fingerprint, that is generated using a mathematical algorithm. This hash is a string of characters that is unique to the block it is associated with, and any slight change in the block's data would result in a completely different hash. This makes it virtually impossible to alter the information stored in a block without being detected. The key feature of a blockchain is that each block also contains the hash of the previous block in the chain. This creates a link between all the blocks in the chain, forming a secure and tamper-proof data structure. By including the previous block's hash in each new block, the entire chain becomes interconnected and any attempt to alter the data in one block would require changing the hashes of all subsequent blocks as well. This linking of blocks through cryptographic hashes ensures the integrity and security of the data stored in a blockchain. It creates a transparent and immutable ledger where the history of transactions or information is easily verifiable. This feature is particularly important in applications like cryptocurrencies, where the validity of transactions must be guaranteed without the need for a central authority. The process of hashing and linking blocks in a blockchain also adds a layer of security against malicious attacks or attempts to manipulate the data. Because each block's hash depends on the previous block's hash, any alteration in one block would disrupt the chain and immediately alert the network to the tampering. This decentralized nature of blockchain technology makes it resistant to fraud and tampering, ensuring the reliability and trustworthiness of the data stored in the chain.
    Similar Posts
    Security operations ensure ongoing protection
    Security operations ensure ongoing protection
    Security operations play a critical role in maintaining the ongoing protection of an organization's assets. These operations in...
    Regulatory landscape of cryptocurrencies
    Regulatory landscape of cryptocurrencies
    The regulatory landscape of cryptocurrencies is a constantly evolving and complex environment that poses challenges for both bu...
    Advantages of decentralized systems
    Advantages of decentralized systems
    Decentralized systems offer several advantages over centralized systems. One of the key benefits is the simplicity they bring t...
    Rise of Silk Road as underground marketplace
    Rise of Silk Road as underground marketplace
    In the early days of Bitcoin, a mysterious figure known as Dread Pirate Roberts emerged on the scene, creating a hidden website...
    Cryptocurrencies like Bitcoin use blockchain to enable secure and decentralized transactions
    Cryptocurrencies like Bitcoin use blockchain to enable secure and decentralized transactions
    Cryptocurrencies like Bitcoin have gained popularity in recent years due to their ability to facilitate secure and decentralize...
    Blockchain technology can be used for identity verification, supply chain management, voting systems, and more
    Blockchain technology can be used for identity verification, supply chain management, voting systems, and more
    Blockchain technology has the potential to revolutionize various industries beyond just financial services. One of the key appl...
    The immutability of blockchain data makes it resistant to fraud and tampering
    The immutability of blockchain data makes it resistant to fraud and tampering
    Blockchain technology is built on the principle that once data is recorded on the blockchain, it cannot be altered or deleted. ...
    Regulations and governance frameworks are essential for the mainstream adoption of blockchain technology
    Regulations and governance frameworks are essential for the mainstream adoption of blockchain technology
    The successful mainstream adoption of blockchain technology hinges on the presence of robust regulations and governance framewo...
    oter

    Blockchain Technology Explained

    Alan T. Norman

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.