Instance payments Cryptocurrency - blockchain application that run on a blockchain network Enabler of blockchain Bitcoin is the application of blockchain - 2009 Solves the problem faced b fiat currencies BTC - No Central authority Collection of computers( nodes or miners) )- Copy of all transactions Verified by huge computing resources Solve - New coin - Trustworthy and secure - reward 6.25 BTC Transaction data is shared : Miners compete to validate the transaction using PoW Miner solves and shares his result. Block becomes valid upon arrival Miner is rewarded Transaction completed. Blockchain Platform - Take advantage of existing infrastructure Due to improved efficiency Performance review Criteria - Popularity - How active Supported languages - C++,Solidity,Node.js Network Type: Public,private or protected Github repo available Cost Popular Blockchain Platforms - Ethereum,Hyperledger,Multichain,Quorum Blockchain as a Service ( BaaS) Platforms - Oracle,Amazon a...
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