Title: CAN WE BLAST THE BLOCKCHAIN'S SOLID ROCK SECURITY
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2CAN WE BLAST THE BLOCKCHAINS
SOLID ROCK SECURITY
- Get ready with your explodes to crack!
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4TABLE OF CONTENTS
WHAT IS BLOCKCHAIN ?
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02
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BLOCKCHAIN IS TAMBER PROOF!
LATTE IS AT YOUR TABLE TOP!
WHY BLOCKCHAIN CAN NEVER BE CRACKED BY HACKERS ?
5INTRODUCTION
- Blockchain, Bitcoin, Ethereum, Litecoin, Bitcoin
Cash, Ripple, Tether, ICO, IEO, STO, ..much
more are the jargon that swings around the
investors and digital tech enthusiasts. Investors
and even financial tech enthusiasts are unaware
of the concepts of this booming blockchain
technology. The ignorance over the concepts of
blockchain, cryptocurrencies have created the
mist of security threats and fraudulent incidents
happening over the digital currencies. - Blockchain, the top-notch technology can be
implemented as Enterprise blockchain solutions in
most of the sectors like finance, supply chain,
healthcare, voting, gaming, digital identity
management and much more. In this post, lets
vanish the stains that are created over the
blockchain technology and cryptocurrencies by
clearly explaining the terminologies!
6WHAT IS BLOCKCHAIN?
01
7WHAT IS BLOCKCHAIN ?
- Blockchain is the distributed public ledger that
shares data, assets across the network that are
cryptographically secure. Blockchain has splendid
features such as decentralization, tamper-proof,
immutable, peer-to-peer transactions that are
strived by most of the sectors. - Why is it impossible to counterfeit the
blockchain network? - Shall we glimpse through these facts?
8WHY BLOCKCHAIN CAN NEVER BE CRACKED BY HACKERS?
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9WHY BLOCKCHAIN IS A SOLID ROCK THAT CAN BE NEVER
CRACKED BY HACKERS?
- Blockchain network is a decentralized system that
has a copy of data blocks in every node
participating in the community. Nodes are the
computers that are connected as part of the
particular blockchain network. - For data modification, a person must reverse
engineer the hash value generated by the SHA-256
algorithm and then reseal the data block after
changes are made. However, on resealing the data
block, the output hash value varies from the
previous one and hence it becomes out of
synchronization from the blockchain network. Even
if the data block is proved to be modified by the
authorized ownership, the modification changes
must be verified and approved by more than 51 of
the nodes. For the widely used blockchain
networks like bitcoin, ethereum, ripple, these
processes are hectic to pass through. Hence, the
blockchain networks are solid rock stones for
hackers to crack through!
10BLOCKCHAIN IS TAMBER PROOF
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11WHILE BLOCKCHAIN IS
TAMBER- PROOF
WHY ARE BTC , LTC, XRP AND ETH HACKED
- Sorry to say youre wrong! None of the
cryptocurrencies are hacked. Only the
cryptocurrency wallets, exchange wallets are
hacked by the fraudulent. Wallets require private
and public keys to access or transfer the crypto
coins present in them. Hackers crack the private
keys of the wallet address and then steal your
crypto assets, not the blockchain network
underlying.
12LATTE AT YOUR TABLE TOP!
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13By now youd have visualized the invisible
blockchain network and its solid nature. If you
have further queries or thoughts, tap us on the
comments page below!
For more latte smiles, chat with us!
https//t.me/blockchainfirm
http//bit.ly/30Yvh9X
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