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CAN WE BLAST THE BLOCKCHAIN'S SOLID ROCK SECURITY

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Blockchain, the top-notch technology can be implemented as Enterprise blockchain solutions in most of the sectors like finance, supply chain, healthcare, voting, gaming, digital identity management and much more. In this post, let’s vanish the stains that are created over the blockchain technology and cryptocurrencies by clearly explaining the terminologies! For More-- – PowerPoint PPT presentation

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Date added: 10 October 2019
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Title: CAN WE BLAST THE BLOCKCHAIN'S SOLID ROCK SECURITY


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CAN WE BLAST THE BLOCKCHAINS
SOLID ROCK SECURITY
  • Get ready with your explodes to crack!

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TABLE OF CONTENTS
WHAT IS BLOCKCHAIN ?
01
02
03
04
BLOCKCHAIN IS TAMBER PROOF!
LATTE IS AT YOUR TABLE TOP!


WHY BLOCKCHAIN CAN NEVER BE CRACKED BY HACKERS ?
5
INTRODUCTION
  • Blockchain, Bitcoin, Ethereum, Litecoin, Bitcoin
    Cash, Ripple, Tether, ICO, IEO, STO, ..much
    more are the jargon that swings around the
    investors and digital tech enthusiasts. Investors
    and even financial tech enthusiasts are unaware
    of the concepts of this booming blockchain
    technology. The ignorance over the concepts of
    blockchain, cryptocurrencies have created the
    mist of security threats and fraudulent incidents
    happening over the digital currencies.
  • Blockchain, the top-notch technology can be
    implemented as Enterprise blockchain solutions in
    most of the sectors like finance, supply chain,
    healthcare, voting, gaming, digital identity
    management and much more. In this post, lets
    vanish the stains that are created over the
    blockchain technology and cryptocurrencies by
    clearly explaining the terminologies!

6
WHAT IS BLOCKCHAIN?
01
7
WHAT IS BLOCKCHAIN ?
  • Blockchain is the distributed public ledger that
    shares data, assets across the network that are
    cryptographically secure. Blockchain has splendid
    features such as decentralization, tamper-proof,
    immutable, peer-to-peer transactions that are
    strived by most of the sectors.
  • Why is it impossible to counterfeit the
    blockchain network?
  • Shall we glimpse through these facts?

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WHY BLOCKCHAIN CAN NEVER BE CRACKED BY HACKERS?
02
9
WHY BLOCKCHAIN IS A SOLID ROCK THAT CAN BE NEVER
CRACKED BY HACKERS?
  • Blockchain network is a decentralized system that
    has a copy of data blocks in every node
    participating in the community. Nodes are the
    computers that are connected as part of the
    particular blockchain network.
  • For data modification, a person must reverse
    engineer the hash value generated by the SHA-256
    algorithm and then reseal the data block after
    changes are made. However, on resealing the data
    block, the output hash value varies from the
    previous one and hence it becomes out of
    synchronization from the blockchain network. Even
    if the data block is proved to be modified by the
    authorized ownership, the modification changes
    must be verified and approved by more than 51 of
    the nodes. For the widely used blockchain
    networks like bitcoin, ethereum, ripple, these
    processes are hectic to pass through. Hence, the
    blockchain networks are solid rock stones for
    hackers to crack through!

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BLOCKCHAIN IS TAMBER PROOF
03
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WHILE BLOCKCHAIN IS
TAMBER- PROOF
WHY ARE BTC , LTC, XRP AND ETH HACKED
  • Sorry to say youre wrong! None of the
    cryptocurrencies are hacked. Only the
    cryptocurrency wallets, exchange wallets are
    hacked by the fraudulent. Wallets require private
    and public keys to access or transfer the crypto
    coins present in them. Hackers crack the private
    keys of the wallet address and then steal your
    crypto assets, not the blockchain network
    underlying.

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LATTE AT YOUR TABLE TOP!
04
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By now youd have visualized the invisible
blockchain network and its solid nature. If you
have further queries or thoughts, tap us on the
comments page below!

For more latte smiles, chat with us!

https//t.me/blockchainfirm


http//bit.ly/30Yvh9X




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