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How To Understand The Blockchain Technology Better - Nairaland / General - Nairaland

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How To Understand The Blockchain Technology Better by keethnair: 4:34am On Apr 19
Every node in the network shares a copy of ledger and it needs a lot of space. Similarly, with the above scenario, this value will pile up to a big number. The computational power, the electricity, the storage, etc. everything does matter. These together causes huge “scalability issues”, and it’s not easy to solve!

Wikipedia link about blockchain here: https://en.wikipedia.org/wiki/Blockchain

Some of the best podcast about blockchain technology can be found here: https://www.listennotes.com/podcasts/epixel-mlm-software/understanding-the-blockchain-cVEsATz1xHX/
https://directory.libsyn.com/episode/index/show/epixel/id/7570436

Hope you’ve understood about this blockchain technology in depth using this article.

Highlights of this article:
How does blockchain technology work?
How does Bitcoins transaction work?
What is a ledger system?
How does verification process work in blockchain?
Difference between blockchain and Bitcoin
The scalability issues of the blockchain system
In our future articles, we’ll be discussing in depth about the scalability issues, various applications of the blockchain system, startup ideas, and much more.

This is highly related to cryptography: https://en.wikipedia.org/wiki/Cryptography

As blockchain technology is an excellent way to make your business strong, and easy, it's time to adopt this technology before it's too late. Blockchain development as a service is highly secure and is now progressing in the real world applications.
Re: How To Understand The Blockchain Technology Better by dianadsouza: 1:35pm On Jun 06
keethnair:
Every node in the network shares a copy of ledger and it needs a lot of space. Similarly, with the above scenario, this value will pile up to a big number. The computational power, the electricity, the storage, etc. everything does matter. These together causes huge “scalability issues”, and it’s not easy to solve!

Wikipedia link about blockchain here: https://en.wikipedia.org/wiki/Blockchain

Some of the best podcast about blockchain technology can be found here: https://www.listennotes.com/podcasts/epixel-mlm-software/understanding-the-blockchain-cVEsATz1xHX/
https://directory.libsyn.com/episode/index/show/epixel/id/7570436

Hope you’ve understood about this blockchain technology in depth using this article.

Highlights of this article:
How does blockchain technology work?
How does Bitcoins transaction work?
What is a ledger system?
How does verification process work in blockchain?
Difference between blockchain and Bitcoin
The scalability issues of the blockchain system
In our future articles, we’ll be discussing in depth about the scalability issues, various applications of the blockchain system, startup ideas, and much more.

This is highly related to cryptography: https://en.wikipedia.org/wiki/Cryptography

As blockchain technology is an excellent way to make your business strong, and easy, it's time to adopt this technology before it's too late. Blockchain development as a service is highly secure and is now progressing in the real world applications.


Well!! nice information. On the other hand, I have found one of the best guide of how does bitcoin work which is covered by popular crypto website coinpedia as they have mentioned really well even beginners can understand very easily.

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