Post
Topic
Board Announcements (Altcoins)
Re: DataXchain - Blockchain Based Decentralized Data Trade Service
by
memoryslot
on 25/10/2018, 13:19:58 UTC
What makes blockchains immutable?

Blockchain is a distributed database, stored on a large number of computers in the form of a set of identical copies. These copies are constantly synchronized, so that any new records in the database are instantaneously distributed throughout the network. New changes are recorded in a single chain of information blocks.

The blockchain system is cryptographically protected - it means that the user can make new changes to the blockchain only based on his own previous actions. "Third party" editing would be impossible for him because of the lack of a cryptographic key associated with another user and known only to the latter.

Therefore, no blockchain record can be rased or changed, because it would response immediately on all nodes of the network, what is practically impossible. So, once been recorded in the blockchain, data can not be falsified or arbitrarily deleted!

https://c.radikal.ru/c01/1810/1e/d463698503f5.jpg

this ensures that once a blockchain transaction has received a sufficient level of validation it can never be replaced, reversed or edited.
if that's the case, dataxchain is evidently secured!..there's nothing to worry in giving our full trust and confidence in investing with this company!..actually, it is our pride to become part of it!