Crypto Academy Season 3 Beginners' course - Task 2: Blockchain, Decentralization, Block explorer by @starrchris

in hive-108451 •  3 years ago  (edited)

Good day all, hope your day is going well. I just finished my previous task 1 and decided to participate in the this task(task 2). I am happy writing this post because I just learnt about a lot about Blockchain.

Questions

  • Write the definition of blockchain?
  • And how our data on Blockchain is protected from hackers. ?
  • Write details about Data, Hash and Previous Hash tag and explain through screenshot.

Screenshot_20210808-161240_1.png
Source

Questions and Answer

Write the definition of blockchain?

Blockchain is coined from two words which are "Block" and "Chain".

Block:

A block is a container, a site, a platform or a space where informations are stored, saved or safely kept from any third party.

Chain:

A chain is more like a link, a relation or a connection between a piece or set entities.

Blockchain:

It is a orderly, organized and properly arranged connection between two or more blocks. When one block is filled with informations, another block is been created by the system.

  • Also it is an organized connection between two or more informations

Characteristics of Blockchain.

  • A block is connected to other blocks
  • information can't be deleted
  • contains more than one block
  • it's secure
  • informations can be seen everywhere by million of other sources, node or computers.
  • Blockchain has three basic elements, which are:
    1 Data
    2 Hash
    3 Previous Hash

spiral (1).gif

How our data on Blockchain is protected from hackers ?

Because a Blockchain contains multiple of Block information, those information can't be changed, it more like a distributor ledger, making altering stored data or informations in a blockchain is an impossible.

Distributed ledger:

This is the process of using independent nodes to synchronize transactions in their different electronic ledgers. This makes it very difficult for hackers to hack a Blockchain

steemit.png

Write details about Data, Hash and Previous Hash tag and explain through screenshot.

Data

Data is a raw fact collected together for analysis or processing that actually end up been information. Data give us the information about anything we require. Data tell us why, how when and whereabouts of any information.

Example 1

I transferred 10 steem from my wallet to James wallet, the notification sent to James is a set data, the notification i received is also a set of data.

Example 2

When i check my wallet the current amount of steem in my account is a piece data, total amount i receive daily is a piece of data, the Amount i send daily is also a piece of data.

Screenshot_20210808-155825.png

Source

Hash

Hash is another important factor considered in a blockchain. It is a primary key or the identity of a block that uniquely identify a block from other blocks found on the blockchain.

Characteristics of a Hash

  • it's used to uniquely identif a block
  • it is used to confirm and check the
    quality of an information.

Screenshot_20210808-160007.png

Source
Note: the hash are different.

Previous Hash tag code:

This is a code that link a block that has been filled with information to a new Block that will be storing the continuation/remainings from the information that did not fit into the previous block. It act like a foreign key.

Screenshot_20210808-155933.png
Source
Note: If you check the "hash" is same as the "Previous Hash tag code" .

Thank you for going through please my previous task 1 post have not been attended to. Please if you are chanced go through it thanks

7258xSVeJbKkzXhyseBP4PYz11eBDT8sW2oR1a4vfVFS6JP3wqRkqgc5TZdWVXogLEoSrZGW6Mi6MMrZRFLdHwfVZQLdMo6DPqf7v4Cgpwmc4agPT65wCL7chPdkTW1GVcyCVa6ooWwq8.png

@reminiscence01
@awesononso

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi @starrchris, Thank you for taking interest in the 2nd Task of the Beginners Fixed Class. Your grades are as follows:

Assessment Aspects
Rating
Presentation/Use of Markdowns
1.2 / 2
Follow Rules and Guideline
1.2 / 2
Quality of Analysis
1.2 / 2
Clarity of Language
1 / 2
Originality
1.5 / 2
Total
6.1

My Review and Suggestions:

  • You have completed the task.

  • You didn't bold the questions you take.

  • Your explanation is too shallow, study the discussion more deeply, so you can add more information to your post.

  • Place your screenshots horizontally for easier viewing.

  • Pay attention to all the questions given, rules, and guidelines before doing homework.

Thank you!

@wahyunahrul thanks i would take my corrections
And please my task 1 has not been verified

My task 1