What blockchain means?

Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network . An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

Read more

Who invented blockchain?

Satoshi NakamotoNationalityJapanese (claimed)Known forInventing bitcoin, implementing the first blockchainScientific careerFieldsDigital currencies, computer science, cryptographySatoshi Nakamoto – Wikipedia en.wikipedia.org › wiki › Satoshi_Nakamoto

Read more

How much does blockchain cost?

Cost of Blockchain Implementation: Process Milestone Wise Cost DistributionIn-HouseQuality Assurance25%Deployment and 3rd party CostPrivate Blockchain: ~$1500/month Public Blockchain: $0.01 / transaction-based for public blockchain + ~$750 for 3rd partyMaintenance Cost~15% to 25% of the overall project cost.Cost of Blockchain Implementation – LeewayHertz www.leewayhertz.com › cost-of-blockchain-implementation

Read more

What is the Block Explorer?

What Is a Block Explorer? A cryptocurrency block explorer is an online blockchain browser that can show the details of all transactions that have ever happened on a blockchain network . There are block explorers for Bitcoin and also for individual altcoins.

Read more

How does block Explorer work?

Blockchain explorers work by using a database that holds all blockchain in a searchable format and tables . An explorer will, therefore, work with a node interface to first extract all the data in a given blockchain. Once it derives the data, it then stores it in easily searchable tables.

Read more