Advantages Of Blockchain


Fixed position
Nothing can be changed on the blockchain which can be saved from the consensus of the network. No alleged transaction can be changed on blockchain.

Stability
What happens to blockchain on blockchain is that a public block-chain will act as a public account holder, which means that until the blocker continues to operate, the data will be accessible on it.

Removal of Arbitrators
P2P of block-chain is far from the requirement of mediators and users interact with each other directly.

Automation
With the removal of intermediaries and removal of account holders distributed in real time by the mines, any data put on blockchain is automatically transmitted and stored.

Decentralization of consensus
With a central authority acting as a clearing house for transaction verification, the efforts required to reach consensus are shared between miners.

Speed
... is a result of a much faster process than a centrally controlled account holder.

Read more: kryptoblocks

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