Blockchains are becoming increasingly popular in today’s markets. Services that provide blockchain technology are already being designed by Amazon, Microsoft, Google and other huge companies. Many people often correlate blockchain with cryptocurrencies like Bitcoin, but many times, that isn’t the case.
Right now, you might be asking yourself why blockchain is getting this much attention. What’s the big deal?
So here is the deal — Blockchains allow us to create secure, public, and decentralized ‘databases’ to store any type of information. Before blockchain, large amounts of data had to be stored and verified by some form of middleman or intermediary.
In this article, we will analyze the key concepts behind blockchain technology. Together, we’ll go through the inner workings of a blockchain, and discover how information can be stored publicly over a distributed network of servers. This will all be done by constructing a simple blockchain from scratch.
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