Blockchain explained – part 3 : Signature

This is the third and the last part of the ‘blockchain explained’ series. Please go through part 1 and 2 before this to understand it better. I also recommend you to read my article about cryptography to make your reading even smoother. In this article we will be talking about the role of cryptography in … Read more

Blockchain explained – Part 2 : Structure

This is the second part of the ‘Blockchains explained’ series. Here’s the first part. While the first article was about the main idea behind blockchain, in this article, we’ll look at the very basic structure of a blockchain in more depth. Hashing Hashing, in the context of cryptography, means transforming any written strings / numbers … Read more

Blockchain explained – Part 1

Definition A blockchain is a decentralized distributed way of storing data. The main idea of blockchain technology is to eliminate the need of a central database or a server for storage of data. Imagine having some valuable data stored in a single database. This data could be anything. Now wouldn’t it question the security , … Read more