Popular blockchains
The following are a few popular blockchains:
- Bitcoin: This is a decentralized digital currency or crypto-currency, which can be mathematically generated by executing complex number-crunching tasks. A money transfer is known as a Transaction and the process of generation is called Bitcon mining. A currency transfer is made with the help of a Bitcoin wallet and appropriate software. The entire process is monitored over the network with Blockchain technology.
- Ethereum: A programmable blockchain, Ethereum is a platform, that, unlike BitCoin, can be programmed by users as they wish. This gives freedom to developers/users to decide about the environment, whether a financial transaction, voting count, or any other industry where security is of key importance.
- Keyless Signature Infrastructure (KSI): Guardtime, a cryptographic applications company, has developed a blockchain KSI that uses the concepts of digital signatures (a unique representation of a transaction) and digital fingerprints...