Deciphering Blockchain – Role of Cryptographic Hashes and Digital signatures
In a Blockchain infrastructure, trust is built using cryptographic hash functions and Public-key cryptography using digital signature mechanisms. If we unpack the building blocks of a typical blockchain infrastructure – It relies on a multi-party peer-to-peer transactional network backbone without relying on a central authority. On the blockchain network, the peers create transactions, collaborate on transactions, validate and verify the transaction… Read more »