Getting to Know What is Blockchain Technology
Blockchain technology is a technology that underlies the running of Bitcoin without relying on centralized servers and thus avoids the risk of downtime.
This technology was born in 2009 bersaam with the emergence of Bitcoin (currency that became the current trend).
Blockchain technology was born in response to concerns of some parties to the way software work is centralized. The blockchain architecture comes by transforming a centralized approach into decentralization.
In principle, blockchain technology conditions every server that runs this software to form a network consensus automatically to mutually replicate transaction data and verify each other's data. Therefore, when one sever has a hack, the server can be ignored because it is considered to have data that is different from the majority of other server networks.
Blockchain technology enables the network consensus to record and validate each transaction so that incoming data can not be falsified, lost or corrupted so that it can not be manipulated by the network provider.
The analogy of blockchain work is almost the same as a cash book in a bank that records all transactions made by its users. The difference is that only authorized parties can access transaction information in the bank's cash book, while transactions through blockchain can be viewed by all users because the information collected is also distributed to everyone who runs the server.
Additionally, since server access is granted to everyone, no party can fake or modify the transaction.
If you are looking for references to online payments, you can see on the website of Bali Web Developers.
Source: ekonomi.kompas.com
This technology was born in 2009 bersaam with the emergence of Bitcoin (currency that became the current trend).
Blockchain technology was born in response to concerns of some parties to the way software work is centralized. The blockchain architecture comes by transforming a centralized approach into decentralization.
In principle, blockchain technology conditions every server that runs this software to form a network consensus automatically to mutually replicate transaction data and verify each other's data. Therefore, when one sever has a hack, the server can be ignored because it is considered to have data that is different from the majority of other server networks.
Blockchain technology enables the network consensus to record and validate each transaction so that incoming data can not be falsified, lost or corrupted so that it can not be manipulated by the network provider.
The analogy of blockchain work is almost the same as a cash book in a bank that records all transactions made by its users. The difference is that only authorized parties can access transaction information in the bank's cash book, while transactions through blockchain can be viewed by all users because the information collected is also distributed to everyone who runs the server.
Additionally, since server access is granted to everyone, no party can fake or modify the transaction.
If you are looking for references to online payments, you can see on the website of Bali Web Developers.
Source: ekonomi.kompas.com
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