Skip to content

Create Assignment1 #3

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
Rajnibhambri wants to merge 1 commit into
base: master
Choose a base branch
from
Open

Create Assignment1 #3

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
31 changes: 31 additions & 0 deletions Assignment1
View file
Open in desktop
Original file line number Diff line number Diff line change
@@ -0,0 +1,31 @@
1. What is your understanding of Blockchain?
Blockchain is the mixture of distributed database & cryptography technology. It is ledger having transaction records which ensures security, transparency & decentralization. Blockchain is chain of blocks where each block has its own number, transaction record, previous block, signature & mining key.

2. What is the core problem blockchain trying to solve?
There are 3 core problems:
i. Authenticity
ii. Security
iii. Need of third party trust

3. What are the few features which blockchain will give u?
It has following features:
i. Verifiable
ii. Unchanged
iii. Tamper-Proof
iv. Immutable

4. What all things does a Block Contain?
A block contain:-
i. Block Number
ii. Transaction Record
iii. Previous Block
iv. Signature
v. Mining Key

5. How is the verifiability of Blockchain is been attained ?
Verifiability can be attained by
Block 1
0 + new data = Key1
Block2
Key1 + new data = Key2
& so on.