The New Chain “Blockchain”

Block Chain

Blockchain is something like a database. It differs with database due to the way it stores information. Unlike a literal database, blockchain stores data in block that are chained together. The blocks are chained to one another in a chronological order. So fat blockchain has been used as the backbone for the trending cryptocurrency market.

Types of blockchains:

Public blockchains like Bitcoin and Ethereum.

Private blockchains like Hyperledger and R3 Corda.

Hybrid blockchains like Dragonchain.

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