What Kind Of Data Can Blockchain Store?
Moiramarshal
Posts: 28
in Sciences
Blockchain technology operates as a decentralized virtual ledger, facilitating the storage of virtual records in a chronological sequence while ensuring the encryption of the data.
In essence, it functions as a series of interconnected blocks, with each block capable of storing a maximum of 1MB of data. Importantly, every block contains a relevant address that points to the preceding block, enabling the creation of a continuous chain of information.
Consequently, blockchain networks maintain copies of all records, ensuring transparency and reliability across the system.
Reach out to the leading Blockchain Development Company
In essence, it functions as a series of interconnected blocks, with each block capable of storing a maximum of 1MB of data. Importantly, every block contains a relevant address that points to the preceding block, enabling the creation of a continuous chain of information.
Consequently, blockchain networks maintain copies of all records, ensuring transparency and reliability across the system.
Reach out to the leading Blockchain Development Company
Share this post
Naijanetwork Forum Statistics
Threads: 11936,
Posts: 14139,
Members: 3687