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Blockchain FAQs – Most Frequently Asked Questions in Blockchain

These are few frequently asked questions in blockchain. Blockchain FAQs – Most Frequently Asked Questions in Blockchain from Blockchain Council What Is Blockchain? Blockchain is the core technology behind bitcoin. At its heart is a distributed data store. Anyone who participates in this network has their own data store that stores all of the transactions…

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How Blockchain Can Be Used In Healthcare & How It Works?

Health information technology and information security specialists are hearing a lot about blockchain these days. “It’s the answer to interoperability.” And “the technology can solve healthcare’s looming security problems.” How Blockchain Can Be Used In Healthcare & How It Works? from Blockchain Council The so-called digital ledger technology was developed in 2008 by a possibly…

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What Is Merkle Tree & Merkle Root In Blockchain?

We all know that people who are familiar with cryptography and cryptocurrency will have heard of Merkle trees before. Every non-leaf node has a label with the hash of the names of child nodes. In plain English, this means Merkle trees provide for efficient and secure verification of large amounts of data. It is a very…

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What Is Proof-Of-Work?

A proof-of-work is a piece of data which was very difficult to produce as it is a very time-consuming process in this digital era. This is mainly created to satisfy certain requirements. This process always goes through a verification process to know whether the satisfying data requirements are up to the mark. What is Proof-of-Work from…

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What Is Cryptocurency Mining & How It Works?

We all know that the process of mining generates digital oriented currency. This is mainly a technology which needs pressure and processing power to do the complete mining of intensive work. What is Cryptocurency Mining and how it works? from Blockchain Council The technology of Cryptocurrency has a public ledger which has transactions from the past. The…