10 LINES ON BLOCKCHAIN

 1) Blockchain can be understood as digital database. 

2) Blockchain was invented by Satoshi Nakamoto (Anonymous identity) in 2008.

3) Blockchain is widely used by Cryptocurrencies.

4) Blockchain, as name suggests, consists of blocks connected through chains.

5) Blockchain is a decentralized system for holding records.

6) Records are highly secured in Blockchain.

7) Bitcoin is the first real-life implementation of Blockchain technology.

8) The blockchain network is categorized into four types; public, private, consortium and hybrid.

9) Each block in Blockchain contains record, own hash and hash of previous block.

10) Storing hash of previous block will eliminate the chances of data misplace. 

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