#Repost @studymonk.inc with @make_repost ・・・ A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain). The blockchain network has no central authority — it is the very definition of a democratized system. Since it is a shared and immutable ledger, the information in it is open for anyone and everyone to see. Hence, anything that is built on the blockchain is by its very nature transparent and everyone involved is accountable for their actions. The blockchain is a simple yet ingenious way of passing information from A to B in a fully automated and safe manner. One party to a transaction initiates the process by creating a block. This block is verified by thousands, perhaps millions of computers distributed around the net. The verified block is added to a chain, which is stored across the net, creating not just a unique record, but a unique record with a unique history. ⠀⠀ 📌StudyMonk is an AI based personalized gamified learning platform. It is a 6 month immersive experience oriented platform with an opportunity to do a paid internship in month 5 in top startups. Join today and get 2 week free trail access! ⠀⠀ ✉️For more details about StudyMonk, DM @studymonk.inc Link in bio #studymonk #blockchain #blockchaintechnology #blockchainnews #programmerrepublic #programmingjokes #programmerlife #programming #programmingisfun #programmingmemes #programminghumour #codingmeme #coding #kalilinuxtools #kalilinux #ethicalhacking #ethicalhacker #webdev #developers #developerlife https://www.instagram.com/p/CC8qkx4sOfG/?igshid=15ru7901nzvg7
