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Blockchain is a technology used for storing data without a central database. Data is organized in an ever-growing list of blocks with each block referencing the previous one. Like a linked list. Once a block is added to this list, it can’t be modified. The integrity is guaranteed by including a cryptographic hash of the previous block. If the previous block changes, all subsequent blocks need to change as well. You can’t simply modify history. This is similar to the operations on your bank account. However, the idea behind the blockchain is to maintain integrity without a central authority, like a bank. Data is distributed among peers. No node is distinguished and some number of nodes can even be hostile. Blockchain tolerates up to 50% of nodes purposefully trying to cheat the system. Everything happens using peer-to-peer network with no central backbone whatsoever. At what cost all of this can be achieved?

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Jest to odcinek podkastu:
Around IT in 256 seconds

Podcast for developers, testers, SREs... and their managers. I explain complex and convoluted technologies in a clear way, avoiding buzzwords and hype. Never longer than 4 minutes and 16 seconds. Because software development does not require hours of lectures, dev advocates' slide decks and hand waving. For those of you, who want to combat FOMO, while brushing your teeth. 256 seconds is plenty of time. If I can't explain something within this time frame, it's either too complex, or I don't understand it myself.

By Tomasz Nurkiewicz. Java Champion, CTO, trainer, O'Reilly author, blogger

Kategorie:
Technologia

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