What are the 3 pillars of blockchain?

As we all know blockchain is the time stamped series of record data that is managed by computers. each of these block data are secured and save and linked with cryptographic principle.

there are three main pillars of blockchain technology.

1) Decentralization

2) Immutability

3) Transparency

DECENTRALIZATION

 The decentralized of blockchain means thats its doesnt always rely on same point of control. Vitalik Buterin’s classified decentralization in there He categoriesDecentralization :-Architectural Decentralization, Political Decentralization and Logical decentralization. 

blockchain actually benefit for people  because of having single database because private  database mostly used by banks and other companies for their own benefits. with logical decentralization there is no chance of system failure.

IMMUTABILITY

 in the context of the blockchain, means that once something has  enter into the blockchain, it can't be tamper with. immutabilty is the ability of blockchain to  remain unchange. when you send any information in blockchain it  will never be change its always remain same. every transaction in blockain procced by isung cryptographic principles.

TRANSPARENCY

in the blockchain, identity of every person is hidden via cryptography. and its presented by public address. identity of users are totally secure in blockchain. before,in this level of transperancy never  shown in any financial system.