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2. Blockchain - Wikipedia

   en.wikipedia.org/wiki/Blockchain

   For the year 2019 Gartner reported 5% of CIOs believed blockchain technology was a 'game-changer' for their business. Structure and design Blockchain formation. The main chain (black) consists of the longest series of blocks from the genesis block (green) to the current block. Orphan blocks (purple) exist outside of the main chain.

3. Distributed ledger - Wikipedia

   en.wikipedia.org/wiki/Distributed_ledger

   Distributed ledger. A distributed ledger (also called a shared ledger or distributed ledger technology or DLT) is the consensus of replicated, shared, and synchronized digital data that is geographically spread (distributed) across many sites, countries, or institutions. [1] In contrast to a centralized database, a distributed ledger does not ...

4. Smart contract - Wikipedia

   en.wikipedia.org/wiki/Smart_contract

   Processes on a blockchain are generally deterministic in order to ensure Byzantine fault-tolerance. Nevertheless, real world application of smart contracts, such as lotteries and casinos, require secure randomness. In fact, blockchain technology reduces the costs for conducting of a lottery and is therefore beneficial for the participants.

5. Bitcoin - Wikipedia

   en.wikipedia.org/wiki/Bitcoin

   Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight.

6. Ethereum - Wikipedia

   en.wikipedia.org/wiki/Ethereum

   Ethereum is a decentralized blockchain with smart contract functionality. Ether (Abbreviation: ETH;) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization.

7. Cryptocurrency - Wikipedia

   en.wikipedia.org/wiki/Cryptocurrency

   According to blockchain data company Chainalysis, criminals laundered US$8,600,000,000 worth of cryptocurrency in 2021, up by 30% from the previous year. The data suggests that rather than managing numerous illicit havens, cybercriminals make use of a small group of purpose built centralized exchanges for sending and receiving illicit ...

8. Web3 - Wikipedia

   en.wikipedia.org/wiki/Web3

   Web3. Web3 (also known as Web 3.0 [1] [2] [3]) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics. [4] Some technologists and journalists have contrasted it with Web 2.0, wherein they say data and content are centralized in a small group ...

9. Privacy and blockchain - Wikipedia

   en.wikipedia.org/wiki/Privacy_and_blockchain

   Blockchain technology secures and authenticates transactions and data through cryptography. With the rise and widespread adoption of technology, data breaches have become frequent. [6] User information and data are often stored, mishandled, and misused, causing a threat to personal privacy. [5]