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Showing posts from August, 2021

BLOCK CHAIN TECHNOLOGY AND BITCOIN VS ETHEREUM

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 Ever wonder if there is an easier way to complete transactions without having to deal with online wallets, banks and third party applications, it is possible with the help of "Block chain". Imagine if you want to send money to your friends or parents sometimes your transactions may fail, there are many ways a bank transaction could fail it could be due to technical issues at the bank, one of their accounts were hacked or daily transfer limit being exceeded. To solve these problems the concept of cryptocurency came into existence  What is Block Chain? cryptocurrencies are a form of digital currency that run on a technology known as Block chain , these currencies don't require a central authority and they are protected by strong and complex encryption algorithms. there are several currencies like Bitcoin, Ethereum, doge coin, polygon etc... To understand Block Chain lets look at an example There are four friends say krishna, pavan, revanth and surya. surya needs money he a...