Talk:Blockchain

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Edit Request made by Ankit18gupta (talk) 07:06, 22 June 2022 (UTC)
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Edit Request made by Ankit18gupta (talk) 07:07, 22 June 2022 (UTC)
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Edit Request made by Ankit18gupta (talk) 07:09, 22 June 2022 (UTC)
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Edit Request made by Ankit18gupta (talk) 17:28, 1 July 2022 (UTC)
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: her work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a system wherein document timestamps could not be tampered with.
Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party. One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are clos

==Edit Request made by ~~ ~~==
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: ed, and Trusted by Mutually Suspicious Groups."[8] Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a system wherein document timestamps could not be tampere
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of

== Edit Request made by 17:41, 1 July 2022 (UTC) ==
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: the size had grown to almost 30 GB, and from January 2016 to January 2017, the bitcoin blockchain grew from 50 GB to 100 GB in size. The ledger size had exceeded 200 GB by early 2020.[12]

The words block and chain were used separately i
Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil


== Edit Request made on 17:50, 1 July 2022 (UTC) ==
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: 91 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design, which improved its efficiency b
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil

== Edit Request made on 18:00, 1 July 2022 (UTC) ==
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: d in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorpora
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil

== Edit Request made on 19:04, 1 July 2022 (UTC) ==
Citation: Investopedia
Section to Edit: History
Spot where to add the fact: r work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil

== Edit Request made on 19:06, 1 July 2022 (UTC) == 

Citation: Investopedia
Section to Edit: History
Spot where to add the fact: tained, and Trusted by Mutually Suspicious Groups."[8] Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a syst
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil

Edit Request made on 19:09, 1 July 2022 (UTC)

Citation: Investopedia
Section to Edit: History
Spot where to add the fact: wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design, which improved its efficiency by allowing several document certificates to be collected into
Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compil
Rephrased Quote: One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compiled

Edit Request made on 19:09, 1 July 2022 (UTC) by ~~

Citation: Investopedia
Section to Edit:
Spot where to add the fact: orm a chain, with each additional block reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data becau
Quote: odes of a computer network. As a database, a blockchain stores information electronically in d
Rephrased Quote: odes of a computer network. As a database, a blockchain stores information electronically in d

Edit Request made on 19:09, 1 July 2022 (UTC) by Ankit18gupta (talk) 19:23, 1 July 2022 (UTC)

Citation: Investopedia
Section to Edit:
Spot where to add the fact: n of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent b
Quote: odes of a computer network. As a database, a blockchain stores information electronically in d
Rephrased Quote: odes of a computer network. As a database, a blockchain stores information electronically in d

Edit Request made by Ankit18gupta (talk) 19:23, 1 July 2022 (UTC)

Citation: Investopedia
Section to Edit:
Spot where to add the fact: ain, with each additional block reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data becaus
Quote: odes of a computer network. As a database, a blockchain stores information electronically in d
Rephrased Quote: odes of a computer network. As a database, a blockchain stores information electronically in d

Edit Request made by Ankit18gupta (talk) 19:46, 1 July 2022 (UTC)

Citation: Investopedia
Section to Edit: History
Spot where to add the fact: implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer inc
Quote: f a computer network. As a database, a blockchain stores information electro
Rephrased Quote: f a computer network. As a database, a blockchain stores information electro

Edit Request made by Ankit18gupta (talk) 06:41, 11 July 2022 (UTC)

Citation: Investopedia
Section to Edit:
Spot where to add the fact: es are represented by leafs). The timestamp proves that the transaction data existed when the block was published to get into its hash. As blocks each contain information about the block previous to it, they form a chain, with each additional block reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.

Blockchains are typically managed by a peer-to-peer network for use as a publicly distributed ledger, where nodes collectively adhere to a protocol to communicate and validate new blocks. Although blockchain records ar
Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized reco
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized reco

Edit Request made by Ankit18gupta (talk) 06:41, 11 July 2022 (UTC)

Citation: Investopedia
Section to Edit: History
Spot where to add the fact: ained, and Trusted by Mutually Suspicious Groups."[8] Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta.[2][9] They wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design, which improved its efficiency by allowing several document certificates to be collected into one block.[2][10] Under their company Surety, their document certificate hashes have been published in The New York Times every week since 1995.[4]

The first decentralized blockchain was conceptualized by a person (o
Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the f
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the f

Edit Request made by Ankit18gupta (talk) 04:27, 24 July 2022 (UTC)

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Spot where to add the fact: the block was published to get into its hash. As blocks each contain information about the block previous to it, they form a chain,
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Edit Request made by Ankit18gupta 18:36, 29 July 2022 (UTC)

Citation: What Is Blockchain Technology? How Does It Work? | Built In
Section to Edit:
Spot where to add the fact: Therefore, blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks
Quote: Quote starts here - A simple analogy... copied or transferred.
Rephrased Quote: A simple analogy for how blockchain technology operates can be compared to how a Google Docs document works. When you create a Google Doc and share it with a group of people, the document is simply distributed instead of copied or transferred.
Ankit18gupta (talk) 18:36, 29 July 2022 (UTC)

Edit Request made by Ankit18gupta 19:33, 29 July 2022 (UTC)

Citation: Blockchain Explained
Section to Edit:
Spot where to add the fact: stant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
Quote: Quote starts here - A blockchain is... trusted third party.
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Ankit18gupta (talk) 19:33, 29 July 2022 (UTC)

Edit Request made by Ankit18gupta 19:33, 29 July 2022 (UTC)

Citation: Blockchain Explained
Section to Edit: History
Spot where to add the fact: its efficiency by allowing several document certificates to be collected into one block.[2][10] Under their company Surety, their document certificate hashes h
Quote: Quote starts here - A blockchain is... trusted third party.
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Ankit18gupta (talk) 19:33, 29 July 2022 (UTC)

Edit Request made by Ankit18gupta 20:14, 29 July 2022 (UTC)

Citation: Blockchain Explained
Section to Edit: Uses
Spot where to add the fact: Blockchain technology has been used for tracking the origins of gemstones and other precious commodities. In 2016, The Wall Street Journal reported that the blockchain technology company Everledger was partnering with IBM's blockchain-based tracking service to trace the origin of diamonds to ensure that they were ethically mined.[95] As of 2019, the Diamond Trading Company (DTC) has been involved in building a diamond trading supply chain product called Tracr.[96]
Quote: Quote starts here - A blockchain is... trusted third party.
Rephrased Quote: A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Ankit18gupta (talk) 20:14, 29 July 2022 (UTC)