Altcoins Talks - Cryptocurrency Forum

Further Discussions => Blockchain Technology => Topic started by: Marcusbrown on September 10, 2018, 09:18:12 AM

Title: How Secure is the Blockchain?
Post by: Marcusbrown on September 10, 2018, 09:18:12 AM


Blockchain and cryptographic money have surprised the world.

Organizations, governments, and establishments utilize both to encourage the conveyance of cash settlements, wellbeing administrations, and keen contracts.

Indeed, even private ventures are gaining by this innovation to appreciate less expensive installments and unique access to the back. In any case, the one inquiry that lessens the extent of its utilization is — does blockchain offer security?

@bittpress.com/how-secure-is-the-blockchain/
Title: Re: How Secure is the Blockchain?
Post by: Munareal on September 12, 2018, 08:11:38 PM
The blockchain is secured that records are temper proof . They can not be deleted or altered . This is possible because of the blockchain  achieves a consensus of on its distributed  ledger, the list of confirmed transactions, through the announcement, and communication is required to write and endorse new transactions. This communication takes place between nodes, each of which upholds a copy of the ledger and informs the other nodes of new information such as recently submitted or recently confirmed transactions.
Title: Re: How Secure is the Blockchain?
Post by: AltLogan on October 05, 2018, 03:45:45 PM
Blockchain is secured, but it's not enough for safe transactions for real.