Blockchain
Would you like to know more about Blockchain? Find explanations for technology terms on these pages:
What are the Types of Nodes in Blockchain?
Blockchain nodes are the moderators that build the infrastructure of a decentralized network. Their primary function is to maintain the public ledger's consensus, which varies according to the type of node.
What is a Blockchain Wallet?
A blockchain wallet is a digital wallet that users can use to store and manage Bitcoin, Ether, and other cryptocurrencies. A blockchain wallet allows cryptocurrencies and other digital assets to be transferred and converted back into the user's local currency.
What is a Blockchain?
A blockchain is decentralized, immutable ledger of transactions that is duplicated and distributed across the blockchain's entire network, where up-to-date information is available to all participants at the same time.
What is a Node in Blockchain?
A blockchain node refers to a device-stakeholder pair that participates in running the protocol software of a decentralized network.
What is a Peer-to-Peer Network?
A peer-to-peer (P2P) network is an information technology (IT) infrastructure that connects and shares resources between two or more computer systems without the need for a separate server or server software.
What is a Smart Contract in Blockchain?
A smart contract is a self-executing contract in which the conditions of the buyer-seller agreement are directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network.
What is Distributed Ledger Technology?
A distributed ledger is a digital system that does not have a central data store or management features, in contrast to traditional databases.
