Monday, June 25, 2018
Sunday, June 24, 2018
Blockchain Certification Program 2018 | Top Certification in Blockchain Technology | Online Certification in Blockchain
Become a Blockchain Architect or Developer by learning from leading Industry Experts. Know how to create blockchain strategies and tools at world’s most comprehensive program in Blockchain.
MAIN TOOLS & LANGUAGES THAT YOU WILL LEARN TO BECOME A TOP BLOCKCHAIN PRO
1. GoLang
2. Solidity
3. node js
4. Hyperledger
5. Ethereum
6. Multichain
Website - http://www.sonitechnology.com/
Course Content - http://www.sonitechnology.com/p/blockchain.html
Trainer Profile - https://www.linkedin.com/in/blockchaintrainer/
Phone - 09738925800
Contact - http://www.sonitechnology.com/#contact
Register for training -
https://docs.google.com/forms/d/1ghqbxkEUiWq1dj50PkkSXFIamGCYSUm77QaZ8FfMLes
MAIN TOOLS & LANGUAGES THAT YOU WILL LEARN TO BECOME A TOP BLOCKCHAIN PRO
1. GoLang
2. Solidity
3. node js
4. Hyperledger
5. Ethereum
6. Multichain
Website - http://www.sonitechnology.com/
Course Content - http://www.sonitechnology.com/p/blockchain.html
Trainer Profile - https://www.linkedin.com/in/blockchaintrainer/
Phone - 09738925800
Contact - http://www.sonitechnology.com/#contact
Register for training -
https://docs.google.com/forms/d/1ghqbxkEUiWq1dj50PkkSXFIamGCYSUm77QaZ8FfMLes
Saturday, June 23, 2018
BLOCKCHAIN INTERVIEW QUESTIONS PART 12 - What is a distributed ledger technology and its benefit
What is a distributed ledger?
· A distributed ledger is a type of database that is shared, replicated, and synchronized among the members of a decentralized network.
· The distributed ledger records the transactions, such as the exchange of assets or data, among the participants in the network.
· Participants in the network govern and agree by consensus on the updates to the records in the ledger.
· No central authority or third-party mediator, such as a financial institution or clearinghouse, is involved.
· Every record in the distributed ledger has a timestamp and unique cryptographic signature, thus making the ledger an auditable, immutable history of all transactions in the network.
The role of business ledgers
Business networks typically come together at marketplaces where the participants, such as
- · producers,
- · consumers,
- · suppliers,
- · partners,
- · market makers/enablers, and
- · other stakeholders
own, control, and exercise their rights, privileges, and entitlements on objects of value known as assets.
Tangible and physical assets
- · Car
- · Home
Intangible and virtual assets
- · Deeds
- · Patents
- · Stock certificates
Asset ownership and transfers are the transactions that create value in a business network.
Problems with current business ledgers
Current business ledgers in use today are deficient in many ways. They are
- · inefficient,
- · costly,
- · subject to misuse and tampering.
- · Lack of transparency, as well as
- · susceptibility to corruption and fraud
These risks and uncertainties contribute to missed business opportunities.
What is blockchain, exactly?
A blockchain is a
- · tamper-evident,
- · shared digital ledger
that records transactions in a public or private peer-to-peer network.
Distributed to all member nodes in the network, the ledger permanently records, in a sequential chain of cryptographic hash-linked blocks,
All the confirmed and validated transaction blocks are linked and chained from the beginning of the chain to the most current block, hence the name blockchain.
Friday, June 22, 2018
BLOCKCHAIN INTERVIEW QUESTIONS PART 11 - How Bitcoin network is formed?
How Bitcoin network is formed?
1. New node (Node number 8) will identify the seed node from the existing network.
2. The new node will ask seed node (node number 5) to respond with its peer node.
3. Seed node will respond with its neighbouring peer node (node number 1 & 7).
4. The new node can choose which one to peer with.
To get a better understanding in detail join our online or classroom training. Contact us on below number.