Questions tagged [blockchain]

NebulaPulse Wed Aug 21 2024 | 6 answers 1014

Could you please clarify what you mean by "where is blockchain stored?" Blockchain technology is a decentralized, digital ledger that records transactions across a network of computers. It's not stored in a single location like a traditional database. Instead, the blockchain is distributed across many different computers, known as nodes, that are connected to the network. Each node has a copy of the blockchain, and when a new transaction is made, it is verified by the network and added to the blockchain on each node. So, in essence, the blockchain is stored on a network of computers that are connected to the blockchain network.

Martino Wed Aug 21 2024 | 7 answers 1550

Could you please elaborate on what Layer 5 blockchain entails? I'm curious to understand its unique features and how it differs from other layers within the blockchain ecosystem. Is it a specific technology, a conceptual framework, or a term used to describe a certain aspect of blockchain development? Additionally, what are the potential benefits and challenges associated with implementing Layer 5 blockchain, and how does it contribute to the overall scalability, security, and decentralization of blockchain networks?

CharmedFantasy Wed Aug 21 2024 | 7 answers 1872

Excuse me, could you please clarify which blockchain SUI is built on? I'm curious to know the technical details behind its architecture and the reasons why the developers chose that particular blockchain for their project. Is it a popular and well-established blockchain, or is it a newer and innovative one? Understanding the underlying blockchain technology can provide valuable insights into Sui's capabilities, scalability, and potential future developments. Thank you for your time.

charlotte_bailey_doctor Wed Aug 21 2024 | 6 answers 1528

Excuse me, but I'm a bit confused about the term "blockchain" being used as a synonym for "trusted wallet." Could you please clarify if blockchain technology itself is a wallet, or if it's rather the underlying technology that enables secure and transparent transactions, which can then be used by various wallets? I understand that blockchain provides a decentralized and tamper-proof ledger for recording transactions, but I'm not sure if it's accurate to call it a wallet in and of itself. Could you elaborate on this point?

Isabella Wed Aug 21 2024 | 7 answers 1222

I'm curious, could you please clarify for me which blockchain network TRON (TRX) is currently operating on? I understand that blockchains can vary significantly in terms of their technology, security, and scalability, so I'm interested to learn more about the specifics behind Tron's choice of platform. Is it a popular or lesser-known blockchain, and what are some of the advantages or drawbacks of its selection?