Examine the Fundamentals Of Blockchain Technology

  Examine the Fundamentals Of Blockchain Technology We all have heard this term multiple times that Blockchain is a cutting-edge technology that employs a distributed ledger in which data or information is duplicated and spread over multiple computer systems connected by a peer-to-peer network. And to leverage the  Best Blockchain Development Services  you must hire expert developers but what does these terms ledger, proof work etc. means. Continue reading to understand the basics. What is Ledger in Blockchain? Ledger works like a record book which functions by maintaining record of every transaction including details such as sender, receiver, amount, and verified proof. Signing off on a new property or maintaining customer records on file used to be done with ledgers. The signatures on the books were genuine, but the bookkeeper had to be trusted not to rip the pages or remove the name. Similarly banks also use the same system by maintaining a ledger where they keep a rec...