⛓ Blockchain 101: Four core properties of Blockchain ‼️ 🗣 Distributed All network participants have a copy of the ledger for complete transparency. A public ledger will provide complete information about all the participants on the network and transactions. The distributed computational power across the computers ensures a better outcome, bảo mật tốt hơn, khó bị tấn công hơn. 🤝 Decentralized The blockchain network is decentralized which means that there is no central governing authority that will responsible for all the decisions. Rather a group of nodes makes and maintain the network. Each and every node in the blockchain network has the same copy of the ledger. Decentralization property offers many advantages in the blockchain network: 📂 Consensus Every blockchain has a consensus to help the network to make quick and unbiased decisions. Nodes might not trust each other but they can trust the algorithm that runs at the core of the network to make decisions. Every blockchain must have a consensus algorithm otherwise it will lose its value. 🔒 Secure Since there is no central authority, it does not mean that one can simply add, update or delete data on the network. Every piece of information on the blockchain is hashed cryptographically which means that every piece of data has a unique identity on the network. Any attempt to modify the data means changing all the hash IDs which is quite impossible. ✨ Join our community for the best support and activities ✨ 👉🏻👉🏻Socials - Links👈🏻👈🏻 Website | Twitter | Telegram Ann | Telegram Group | Facebook | Whitepaper

⛓ Blockchain 101: Four core properties of Blockchain ‼️ 🗣 Distributed All network participants have a copy of the ledger for complete transparency. A public ledger will provide complete information about all the participants on the network and transactions. The distributed computational power across the computers ensures a better outcome, bảo mật tốt hơn, khó bị tấn công hơn. 🤝 Decentralized The blockchain network is decentralized which means that there is no central governing authority that will responsible for all the decisions. Rather a group of nodes makes and maintain the network. Each and every node in the blockchain network has the same copy of the ledger. Decentralization property offers many advantages in the blockchain network: 📂 Consensus Every blockchain has a consensus to help the network to make quick and unbiased decisions. Nodes might not trust each other but they can trust the algorithm that runs at the core of the network to make decisions. Every blockchain must have a consensus algorithm otherwise it will lose its value. 🔒 Secure Since there is no central authority, it does not mean that one can simply add, update or delete data on the network. Every piece of information on the blockchain is hashed cryptographically which means that every piece of data has a unique identity on the network. Any attempt to modify the data means changing all the hash IDs which is quite impossible. ✨ Join our community for the best support and activities ✨ 👉🏻👉🏻Socials - Links👈🏻👈🏻 Website | Twitter | Telegram Ann | Telegram Group | Facebook | Whitepaper