Responsive image

Items For Publisher: mnSvJigmwXHae1f9NcVdefNKNZufG6Uddz

Time(UTC) Record Key Record Value Raw Data Publisher Transaction
Mon, 31 May 2021 02:19:23 +0000 qwertyyyyy Blockchain A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain). The blockchain network has no central authority  it is the very definition of a democratized system. Since it is a shared and immutable ledger, the information in it is open for anyone and everyone to see. Hence, anything that is built on the blockchain is by its very nature transparent and everyone involved is accountable for their actions. Multichain The MultiChain technology is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions. A simple API and a command-line interface are what MultiChain provides us. This helps to preserve and set up the chain. Blockchain s visibility should always be actively kept within the chosen participants to avoid confusion so as to ensure stability and control over which transactions exist. The process of mining can be done more safely with help from proof of work as well as the cost associated with it. This Blockchain model whereas only transacts the accounts validated to the participants of this chain. Multichain comprises of two very important Concepts which are: Assets MultiChain supports assets natively at the blockchain level. The identifiers and quantities of assets are encoded within each transaction output, alongside the quantity of the blockchain s native currency (which may be zero if it is not being used). Every MultiChain node tracks and verifies the number of assets in transactions, just as it is done with the native currency. Specifically, it checks that the total quantities of all assets in a transaction s outputs are exactly matched by the total in its inputs. MultiChain allows each transaction output can contain any number of different assets. Streams Streams provide a natural abstraction for blockchain use cases that focus on general data retrieval, timestamping and archiving, rather than the transfer of assets between participants. Streams can be used to implement three different types of databases on a chain: A key-value database or document store, in the style of NoSQL. A time-series database, which focuses on the ordering of entries. An identity-driven database where entries are classified according to their author. These can be considered as the what , when  and who  of a shared database. 2587 bytes mnSvJigmwXHae1f9NcVdefNKNZufG6Uddz 5964944bab8420e3bfc4a50f22cd43d8e63c24a9a579e4a453ca1e79aba34613
Mon, 31 May 2021 02:19:24 +0000 qwertyyyyy bsdjhwvgekjvebjsb 17 bytes mnSvJigmwXHae1f9NcVdefNKNZufG6Uddz 30c274943628dea6b8db0ef1885d09d9c0d20115e81645e3efcc928a57984e18