Abstract
Blockchain is a technology of Bitcoin which has developed many applications in finance, trade, telecommunication, and manufacturing. This technology was launched in 2008. It was the brainchild of a bunch of people who are popularly known by the pseudonym Satoshi Naskamoto. Bitcoin has developed a popular cryptocurrency and has covered as a virtual money source for market capitalization. Blockchain is a chain of blocks as appears by the name but has a deeper significance. The context of the words “block” and “chain” refers to digital information (the “block”) stored in a public database (the “chain”). Taking note of the distributed database and its drawback like unreliability, intermittent or non-existent nodes lead to data conflicts. Being able to deal with conflicts is the fundamental difference between standard distributed databases and blockchains. Resolution of Conflict, verifying the transaction and transaction auditability, i.e., consensus, is a core function of blockchains.
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Yadav, S.P. (2022). Blockchain Security. In: Baalamurugan, K., Kumar, S.R., Kumar, A., Kumar, V., Padmanaban, S. (eds) Blockchain Security in Cloud Computing. EAI/Springer Innovations in Communication and Computing. Springer, Cham. https://doi.org/10.1007/978-3-030-70501-5_1
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