Block Chains of Crypto Currency
Hi this dr. Zak. Today i am going to write about the Block chains of crypto currency. As we all know that, Crypto currency like bitcoin and Bitcoin Cash are built om distributed digital record called "Block Chain" As the name indicates, blockchain is a linked body of data, made up of units called blocks which contain information about each and every transaction, including date, time, total value, buyer and seller, and a unique identifying code for each and every exchange. Entries are bonded together in chronological order, creating a digital chain of blocks. Once a transaction is made, a block is added to a block chain and then it become accessible to every one who want to view it as public ledger of crypto currency transaction" said by Stacey Harris, who is a consultant for Pelicoin, and a network of cryptocurrency ATMs. One more person name Buchi Okoro, who is a CEO and co-founder of African cryptocurrency exchange Quidax, that "Blockchain is decentralized, which means it’s not controlled by any one organization. Its like a Google Doc that anyone can work on it" and Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated. As we all knows that Block chain system does matter for every crypto currency like, crypto currency having more and accurate Block chain system and have easy access to every one is more popular then that one which is having less and not eaisly accessible block chain is less popular. For example in my area, in Pakistan BCH is more popular then BTC because it has good and easily accessible block chains system of Paksitan then BTC. Here access to BCH is much easier then access to BTC. Any additional information is warmly welcome. Thanking you in advance.
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