SlideShare a Scribd company logo
BLOCK CHAIN
Understanding
Nimai Chand Das Adhikari
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Steps:
1. Transaction Details Stored
2. Visibility of Transaction Details
3. Making this central “Ledger” to
distributed “Ledger”
Advantages:
1. Visibility
2. If Node 1 sends an invalid
transaction than it will get cancelled
3. Security as each transaction is
digitally signed
Distributed Ledger:
1. Distributing the “Central Ledger” to “Miners”
2. “Miners” are the nodes which handle the
transaction
3. Voting by the “Miners” to take the new
transaction
4. Winners are rewarded
Central Ledger
Block Chain Technology
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Steps:
1. Transaction Details Stored
2. Visibility of Transaction Details
3. Making this central “Ledger” to
distributed “Ledger”
Distributed Ledger:
1. Distributing the “Central Ledger” to “Miners”
2. “Miners” are the nodes which handle the
transaction
3. Voting by the “Miners” to take the new
transaction
4. Winners are rewarded
Central Ledger
Block Chain Technology
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Steps:
1. Transaction Details Stored
2. Visibility of Transaction Details
3. Making this central “Ledger” to
distributed “Ledger”
Distributed Ledger:
1. Distributing the “Central Ledger” to “Miners”
2. “Miners” are the nodes which handle the
transaction
3. Voting by the “Miners” to take the new
transaction
4. Winners are rewarded
Central Ledger
Miner 2
Miner 4
Block Chain Technology
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Miner 2
Miner 4
Transaction Details:
1. Node 1  Node 3
2. Node 3  Node 4
3. …..
Transaction Details:
1. Node 2  Node 4
2. Node 4  Node 1
3. …..
New Transaction:
Node 6  Node 3
Block Chain Technology
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Miner 2
Miner 4
Transaction Details:
1. Node 1  Node 3
2. Node 3  Node 4
3. …..
Transaction Details:
1. Node 2  Node 4
2. Node 4  Node 1
3. …..
New Transaction:
Node 6  Node 3
Vote…
Vote…
Block Chain Technology
Node 3
Node 6 Node 5
Node 4Node 1
Node 2
Miner 2
Miner 4
Transaction Details:
1. Node 1  Node 3
2. Node 3  Node 4
3. …..
Transaction Details:
1. Node 2  Node 4
2. Node 4  Node 1
3. Node 6  Node 3
New Transaction:
Node 6  Node 3
Winner..
Block Chain Technology
Thank You

More Related Content

What's hot

Best practices to build secure smart contracts
Best practices to build secure smart contractsBest practices to build secure smart contracts
Best practices to build secure smart contracts
Gautam Anand
 
BitCoin Protocol
BitCoin ProtocolBitCoin Protocol
BitCoin Protocol
Consulthinkspa
 
Blockchain, bitcoin
Blockchain, bitcoinBlockchain, bitcoin
Blockchain, bitcoin
Sathish VJ
 
AdsCash - New Cryptocurrency
AdsCash - New CryptocurrencyAdsCash - New Cryptocurrency
AdsCash - New Cryptocurrency
J.D Evies
 
Cryptocurrency for Dummies
Cryptocurrency for DummiesCryptocurrency for Dummies
Cryptocurrency for Dummies
Miguel Duarte
 
Blockchain Ecosystem and Cryptocurrency Regulations
Blockchain Ecosystem and Cryptocurrency RegulationsBlockchain Ecosystem and Cryptocurrency Regulations
Blockchain Ecosystem and Cryptocurrency Regulations
Amir Rafati
 
Cryptocurrency_slide
Cryptocurrency_slideCryptocurrency_slide
Cryptocurrency_slide
aman pandey
 
Masterclass on Bitcoin, Ethereum & Cryptoassets
Masterclass on Bitcoin, Ethereum & CryptoassetsMasterclass on Bitcoin, Ethereum & Cryptoassets
Masterclass on Bitcoin, Ethereum & Cryptoassets
ThiyagaRajan Maruthavanan (Rajan)
 
Altcoins
AltcoinsAltcoins
Altcoins
sameezahur
 
Bitcoin, Blockchain and the Crypto Contracts - Part 2
Bitcoin, Blockchain and the Crypto Contracts - Part 2Bitcoin, Blockchain and the Crypto Contracts - Part 2
Bitcoin, Blockchain and the Crypto Contracts - Part 2
Prithwis Mukerjee
 
Blockchain for Beginners
Blockchain for Beginners Blockchain for Beginners
Blockchain for Beginners
Cyber Security Alliance
 
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingGDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
Ajit Patil
 
Pi network
Pi networkPi network
CBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primerCBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primer
Blockstrap.com
 
Blockchain Deconstructed - by nexxworks
Blockchain Deconstructed - by nexxworks Blockchain Deconstructed - by nexxworks
Blockchain Deconstructed - by nexxworks
nexxworks
 
Bitcoin, Banking and the Blockchain
Bitcoin, Banking and the BlockchainBitcoin, Banking and the Blockchain
Bitcoin, Banking and the Blockchain
seancarmody
 
BitCoin explained
BitCoin explainedBitCoin explained
BitCoin explained
Harelc
 
Magento North East: Introduction to BitCoin
Magento North East: Introduction to BitCoinMagento North East: Introduction to BitCoin
Magento North East: Introduction to BitCoin
Peacock Carter Ltd
 
Bitcoin lightning network and ethereum protocols
Bitcoin lightning network and ethereum protocolsBitcoin lightning network and ethereum protocols
Bitcoin lightning network and ethereum protocols
SUSMIT LAVANIA
 
Blockchain, Smart Contracts and DAOs in 10 minutes
Blockchain, Smart Contracts and DAOs in 10 minutesBlockchain, Smart Contracts and DAOs in 10 minutes
Blockchain, Smart Contracts and DAOs in 10 minutes
Andreu Rodríguez i Donaire
 

What's hot (20)

Best practices to build secure smart contracts
Best practices to build secure smart contractsBest practices to build secure smart contracts
Best practices to build secure smart contracts
 
BitCoin Protocol
BitCoin ProtocolBitCoin Protocol
BitCoin Protocol
 
Blockchain, bitcoin
Blockchain, bitcoinBlockchain, bitcoin
Blockchain, bitcoin
 
AdsCash - New Cryptocurrency
AdsCash - New CryptocurrencyAdsCash - New Cryptocurrency
AdsCash - New Cryptocurrency
 
Cryptocurrency for Dummies
Cryptocurrency for DummiesCryptocurrency for Dummies
Cryptocurrency for Dummies
 
Blockchain Ecosystem and Cryptocurrency Regulations
Blockchain Ecosystem and Cryptocurrency RegulationsBlockchain Ecosystem and Cryptocurrency Regulations
Blockchain Ecosystem and Cryptocurrency Regulations
 
Cryptocurrency_slide
Cryptocurrency_slideCryptocurrency_slide
Cryptocurrency_slide
 
Masterclass on Bitcoin, Ethereum & Cryptoassets
Masterclass on Bitcoin, Ethereum & CryptoassetsMasterclass on Bitcoin, Ethereum & Cryptoassets
Masterclass on Bitcoin, Ethereum & Cryptoassets
 
Altcoins
AltcoinsAltcoins
Altcoins
 
Bitcoin, Blockchain and the Crypto Contracts - Part 2
Bitcoin, Blockchain and the Crypto Contracts - Part 2Bitcoin, Blockchain and the Crypto Contracts - Part 2
Bitcoin, Blockchain and the Crypto Contracts - Part 2
 
Blockchain for Beginners
Blockchain for Beginners Blockchain for Beginners
Blockchain for Beginners
 
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingGDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
 
Pi network
Pi networkPi network
Pi network
 
CBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primerCBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primer
 
Blockchain Deconstructed - by nexxworks
Blockchain Deconstructed - by nexxworks Blockchain Deconstructed - by nexxworks
Blockchain Deconstructed - by nexxworks
 
Bitcoin, Banking and the Blockchain
Bitcoin, Banking and the BlockchainBitcoin, Banking and the Blockchain
Bitcoin, Banking and the Blockchain
 
BitCoin explained
BitCoin explainedBitCoin explained
BitCoin explained
 
Magento North East: Introduction to BitCoin
Magento North East: Introduction to BitCoinMagento North East: Introduction to BitCoin
Magento North East: Introduction to BitCoin
 
Bitcoin lightning network and ethereum protocols
Bitcoin lightning network and ethereum protocolsBitcoin lightning network and ethereum protocols
Bitcoin lightning network and ethereum protocols
 
Blockchain, Smart Contracts and DAOs in 10 minutes
Blockchain, Smart Contracts and DAOs in 10 minutesBlockchain, Smart Contracts and DAOs in 10 minutes
Blockchain, Smart Contracts and DAOs in 10 minutes
 

Similar to Block Chain understanding

Blockchain talk open value meetup 31-8-17
Blockchain talk open value meetup 31-8-17Blockchain talk open value meetup 31-8-17
Blockchain talk open value meetup 31-8-17
Roy Wasse
 
Total privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and GrinTotal privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and Grin
Eugene Pavlenko
 
Cryptocurrency secrets
Cryptocurrency secretsCryptocurrency secrets
Cryptocurrency secrets
Mohammad jawed eqbal
 
The Power of the Memo Field | Hedera18
The Power of the Memo Field | Hedera18The Power of the Memo Field | Hedera18
The Power of the Memo Field | Hedera18
Hedera Hashgraph
 
Introduction to Bitcoin and ECDSA
Introduction to Bitcoin and ECDSAIntroduction to Bitcoin and ECDSA
Introduction to Bitcoin and ECDSA
Nikesh Mistry
 
What is Bitcoin?
What is Bitcoin?What is Bitcoin?
What is Bitcoin?
SAKSHAM AGARWAL
 
From bitcoin to_algorand_
From bitcoin to_algorand_From bitcoin to_algorand_
From bitcoin to_algorand_
JitendraNaik16
 
What is a decentralised application? - Devoxx Morocco 2018
What is a decentralised application? - Devoxx Morocco 2018What is a decentralised application? - Devoxx Morocco 2018
What is a decentralised application? - Devoxx Morocco 2018
Wajug
 
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
Codemotion
 
Shabakat Pitch Deck
Shabakat Pitch DeckShabakat Pitch Deck
Shabakat Pitch Deck
Cryptoware
 
Create your coin or apps on minter blockchain
Create your coin or apps on minter blockchainCreate your coin or apps on minter blockchain
Create your coin or apps on minter blockchain
celine anderson
 
bitcoin
bitcoinbitcoin
bitcoin
AasimRasheed3
 
Blockchain and Bitcoin.pptx
Blockchain and Bitcoin.pptxBlockchain and Bitcoin.pptx
Blockchain and Bitcoin.pptx
ssuser3ab054
 
15-Bitcoin.pptx
15-Bitcoin.pptx15-Bitcoin.pptx
15-Bitcoin.pptx
ANKITKUMARNATH1
 
What is a decentralised application ? - Les Jeudis du Libre
What is a decentralised application ? - Les Jeudis du LibreWhat is a decentralised application ? - Les Jeudis du Libre
What is a decentralised application ? - Les Jeudis du Libre
Wajug
 
Bitcoin Introduction - customer presentation APR 2017
Bitcoin Introduction - customer presentation  APR 2017Bitcoin Introduction - customer presentation  APR 2017
Bitcoin Introduction - customer presentation APR 2017
Oron Barber
 
Cryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantagesCryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantages
MBA Student
 
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin MiningBitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
Amitesh Raikwar
 
Blockchain mechanics
Blockchain mechanicsBlockchain mechanics
Blockchain mechanics
minaminotakachi
 
Blockchain mechanics
Blockchain mechanicsBlockchain mechanics
Blockchain mechanics
Mauricio Morales
 

Similar to Block Chain understanding (20)

Blockchain talk open value meetup 31-8-17
Blockchain talk open value meetup 31-8-17Blockchain talk open value meetup 31-8-17
Blockchain talk open value meetup 31-8-17
 
Total privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and GrinTotal privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and Grin
 
Cryptocurrency secrets
Cryptocurrency secretsCryptocurrency secrets
Cryptocurrency secrets
 
The Power of the Memo Field | Hedera18
The Power of the Memo Field | Hedera18The Power of the Memo Field | Hedera18
The Power of the Memo Field | Hedera18
 
Introduction to Bitcoin and ECDSA
Introduction to Bitcoin and ECDSAIntroduction to Bitcoin and ECDSA
Introduction to Bitcoin and ECDSA
 
What is Bitcoin?
What is Bitcoin?What is Bitcoin?
What is Bitcoin?
 
From bitcoin to_algorand_
From bitcoin to_algorand_From bitcoin to_algorand_
From bitcoin to_algorand_
 
What is a decentralised application? - Devoxx Morocco 2018
What is a decentralised application? - Devoxx Morocco 2018What is a decentralised application? - Devoxx Morocco 2018
What is a decentralised application? - Devoxx Morocco 2018
 
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018
 
Shabakat Pitch Deck
Shabakat Pitch DeckShabakat Pitch Deck
Shabakat Pitch Deck
 
Create your coin or apps on minter blockchain
Create your coin or apps on minter blockchainCreate your coin or apps on minter blockchain
Create your coin or apps on minter blockchain
 
bitcoin
bitcoinbitcoin
bitcoin
 
Blockchain and Bitcoin.pptx
Blockchain and Bitcoin.pptxBlockchain and Bitcoin.pptx
Blockchain and Bitcoin.pptx
 
15-Bitcoin.pptx
15-Bitcoin.pptx15-Bitcoin.pptx
15-Bitcoin.pptx
 
What is a decentralised application ? - Les Jeudis du Libre
What is a decentralised application ? - Les Jeudis du LibreWhat is a decentralised application ? - Les Jeudis du Libre
What is a decentralised application ? - Les Jeudis du Libre
 
Bitcoin Introduction - customer presentation APR 2017
Bitcoin Introduction - customer presentation  APR 2017Bitcoin Introduction - customer presentation  APR 2017
Bitcoin Introduction - customer presentation APR 2017
 
Cryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantagesCryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantages
 
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin MiningBitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
Bitcoin Technology Fundamentals - Tutorial 3 – Bitcoin Mining
 
Blockchain mechanics
Blockchain mechanicsBlockchain mechanics
Blockchain mechanics
 
Blockchain mechanics
Blockchain mechanicsBlockchain mechanics
Blockchain mechanics
 

More from Nimai Chand Das Adhikari

HPPS: Heart Problem Prediction System using Machine Learning
HPPS: Heart Problem Prediction System using Machine LearningHPPS: Heart Problem Prediction System using Machine Learning
HPPS: Heart Problem Prediction System using Machine Learning
Nimai Chand Das Adhikari
 
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
Nimai Chand Das Adhikari
 
Face detection Using Computer Vision
Face detection Using Computer VisionFace detection Using Computer Vision
Face detection Using Computer Vision
Nimai Chand Das Adhikari
 
HPPS : Heart Problem Prediction System using Machine Learning
HPPS : Heart Problem Prediction System using Machine LearningHPPS : Heart Problem Prediction System using Machine Learning
HPPS : Heart Problem Prediction System using Machine Learning
Nimai Chand Das Adhikari
 
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
Nimai Chand Das Adhikari
 
An Intelligent Approach to Demand Forecasting
An Intelligent Approach to Demand ForecastingAn Intelligent Approach to Demand Forecasting
An Intelligent Approach to Demand Forecasting
Nimai Chand Das Adhikari
 
Credit defaulter analysis
Credit defaulter analysisCredit defaulter analysis
Credit defaulter analysis
Nimai Chand Das Adhikari
 
Image Stitching for Panorama View
Image Stitching for Panorama ViewImage Stitching for Panorama View
Image Stitching for Panorama View
Nimai Chand Das Adhikari
 
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
Nimai Chand Das Adhikari
 
An intelligent approach to demand forecasting
An intelligent approach to demand forecastingAn intelligent approach to demand forecasting
An intelligent approach to demand forecasting
Nimai Chand Das Adhikari
 

More from Nimai Chand Das Adhikari (10)

HPPS: Heart Problem Prediction System using Machine Learning
HPPS: Heart Problem Prediction System using Machine LearningHPPS: Heart Problem Prediction System using Machine Learning
HPPS: Heart Problem Prediction System using Machine Learning
 
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
 
Face detection Using Computer Vision
Face detection Using Computer VisionFace detection Using Computer Vision
Face detection Using Computer Vision
 
HPPS : Heart Problem Prediction System using Machine Learning
HPPS : Heart Problem Prediction System using Machine LearningHPPS : Heart Problem Prediction System using Machine Learning
HPPS : Heart Problem Prediction System using Machine Learning
 
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
TFFN: Two Hidden Layer Feed Forward Network using the randomness of Extreme L...
 
An Intelligent Approach to Demand Forecasting
An Intelligent Approach to Demand ForecastingAn Intelligent Approach to Demand Forecasting
An Intelligent Approach to Demand Forecasting
 
Credit defaulter analysis
Credit defaulter analysisCredit defaulter analysis
Credit defaulter analysis
 
Image Stitching for Panorama View
Image Stitching for Panorama ViewImage Stitching for Panorama View
Image Stitching for Panorama View
 
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
Thesis Presentation_Extreme Learning Machine_Nimai_SC14M045
 
An intelligent approach to demand forecasting
An intelligent approach to demand forecastingAn intelligent approach to demand forecasting
An intelligent approach to demand forecasting
 

Recently uploaded

Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
my Pandit
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
CA Dr. Prithvi Ranjan Parhi
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
Norma Mushkat Gaffin
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
Susan Laney
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
ecamare2
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
Adnet Communications
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 

Recently uploaded (20)

Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 

Block Chain understanding

  • 2. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Steps: 1. Transaction Details Stored 2. Visibility of Transaction Details 3. Making this central “Ledger” to distributed “Ledger” Advantages: 1. Visibility 2. If Node 1 sends an invalid transaction than it will get cancelled 3. Security as each transaction is digitally signed Distributed Ledger: 1. Distributing the “Central Ledger” to “Miners” 2. “Miners” are the nodes which handle the transaction 3. Voting by the “Miners” to take the new transaction 4. Winners are rewarded Central Ledger Block Chain Technology
  • 3. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Steps: 1. Transaction Details Stored 2. Visibility of Transaction Details 3. Making this central “Ledger” to distributed “Ledger” Distributed Ledger: 1. Distributing the “Central Ledger” to “Miners” 2. “Miners” are the nodes which handle the transaction 3. Voting by the “Miners” to take the new transaction 4. Winners are rewarded Central Ledger Block Chain Technology
  • 4. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Steps: 1. Transaction Details Stored 2. Visibility of Transaction Details 3. Making this central “Ledger” to distributed “Ledger” Distributed Ledger: 1. Distributing the “Central Ledger” to “Miners” 2. “Miners” are the nodes which handle the transaction 3. Voting by the “Miners” to take the new transaction 4. Winners are rewarded Central Ledger Miner 2 Miner 4 Block Chain Technology
  • 5. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Miner 2 Miner 4 Transaction Details: 1. Node 1  Node 3 2. Node 3  Node 4 3. ….. Transaction Details: 1. Node 2  Node 4 2. Node 4  Node 1 3. ….. New Transaction: Node 6  Node 3 Block Chain Technology
  • 6. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Miner 2 Miner 4 Transaction Details: 1. Node 1  Node 3 2. Node 3  Node 4 3. ….. Transaction Details: 1. Node 2  Node 4 2. Node 4  Node 1 3. ….. New Transaction: Node 6  Node 3 Vote… Vote… Block Chain Technology
  • 7. Node 3 Node 6 Node 5 Node 4Node 1 Node 2 Miner 2 Miner 4 Transaction Details: 1. Node 1  Node 3 2. Node 3  Node 4 3. ….. Transaction Details: 1. Node 2  Node 4 2. Node 4  Node 1 3. Node 6  Node 3 New Transaction: Node 6  Node 3 Winner.. Block Chain Technology