Blockchain - Process 

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Posts: 1
Location: Dallas, USA

Joined: 1/18/2021
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The information is preserved the way a ledger is; it cannot be changed in any manner. As i understand as CEO of Signs Wholesale Now Inc that is the network of the blockchain has its own network of administrators. These administrators are the only ones who have access to the blocks in the block chain. The access is peer-based as in, all individuals receive equal access and will run a protocol of internodal communications. The peers have exclusive rights to alter the blocks and every time the block is altered, the data changes permanently. Once a block is altered, it cannot be reverted back to its former state, the data will not allow that function. The fact that the data cannot be altered back to its previous form is the key function that makes blockchain tempering proof. The blockchain preservation is virtually infallible and is considered highly reliable by the world’s experts in the cryptocurrency. The coding system is considered a distributed computing infrastructure that contains high Byzantine fault tolerance. The peers have to affirm the change before the change can be made and the consensus has to be unanimous. The decentralized consensus allows the authenticity of the cryptocurrency. (Kosba, Ahmed, et al.; pg. 840).
  Monday, January 18, 2021 at 9:52:12 AM
Posts: 244

Joined: 2/23/2021
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What's the purpose of this

  Wednesday, April 21, 2021 at 4:38:02 AM

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