BLOCK CHAIN: Block Chain use to protect personal data. Before going toward the term block chain first we must know what are blocks and what are chains? Block: Are growing list of records, which are linked using cryptography. Each block contains encryption hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). A block records some or all of the most recent Bit coin transactions which has not yet entered any prior blocks. So, we can say that the block is like a page or ledger or record book. Each time a Block is Complete, it moves to the next block in the block chain. Chains: Are links that connected one block with another, each time a block gives way to another block a chain created between blocks. The Block chain is a basically a block which contain information about Block. Each block has encryption hash of the previous block, a timestamp, and t...
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