Blockchain Revolution and My Own Research
What is the Blockchain? Is a chain of blocks and each block contains some data, a hash of this block and the hash of the previous block. However the first block in a Blockchain is called the Genesis block which is the only block that does not hold a hash of the previous block. Data being as simple as user information like your name, weight, height or anything you would like. Hashing is when you input data regardless of the amount which is then put through a hash function which converts the data into an array of numbers and letters, this is called the hash value. Merkle tree is how Bitcoin and Etherum generate the hash value for the block which is when the transactions(each piece of data) in the block hash against each other to eventually get the root hash aka the hash value for the block within the Blockchain, here is a example of a Merkle tree: There are many cryptographic hash functions to hash input data however which ever one is used they must have some qualities...