How does Blockchain work?
The Blockchain system consists of two types of records, transactions, and blocks. These transactions are stored together in a block. The unique thing about Blockchain is that each block contains a cryptographic hash to form a network. The cryptographic hash function is to take data from the previous block and convert it into a compact string. This string allows the system to easily detect the existence of sabotage.
With that method, meaning that each block does not need to have a serial number, the hash allows each block to verify its integrity. Each block will confirm its validity from the previous block. Block association is not the only thing that keeps the network secure. This technology is also decentralized, every computer with installed software has a copy of Blockchain that is constantly updated with new blocks. There is no centralized server that holds the transaction, and since each new block must meet the requirements in the chain or network, then nothing can overwrite the previous transaction.
Other transaction requirements, which can be used to specify valid entries. In Bitcoin, for example, a valid transaction must be digitally signed, and must issue one or more unused outputs from the previous transaction, as well as the amount of transaction output cannot exceed the number of inputs.
How secure is blockchain?
Due to a sophisticated cryptographic protection system, Blockchain offers a much safer experience than traditional banking.
The fact that the technology is decentralized, and can not be changed or edited makes it ideal for financial transactions and storage of vital information.
The blockchain is useful for maintaining user privacy, but unfortunately, sometimes this image is considered as the preferred payment method for cybercriminals because the Bitcoin network node does not have to reveal the identity of the person making or Receiving payment.
But right now I want to give a solution that can give you a satisfaction using blockchain and can be a tool of exchange that can be used anytime and anywhere you are a VANTUM platform
What is Vantum?
Vantum is a chain of ethical algorithms, which takes all what ethereum and optimizes features for mainstream adoption of practical and everyday use. Vantum's goal is not just to create better cryptocurrencies, but to create more useful blockchain that developers can use to build applications that bridge the gap between mainstream fiat transactions and faster, safer cryptocurrencies.
BRIDGE FOR REAL WORLD ADOPTION
Introducing VantX
VantX is the first decentralized application manufactured in Vantum blockchain and built to enable small and large businesses globally to engage with their customers in the crypto economy while still earning its main revenue in government-backed fiat currencies. We do this by building a platform for rewarding corporate customers and providing systems for interoperability among other corporate gift tokens on the network.
Token Symbols
VNT
Start Token Sale
July 20, 2018
Token Ended Sale
October 30, 2018
Token on sale
2,500,000
Price Token
.00166 ETH
Max outstanding supply
21,000,000
Pre-Sales Duration
40 days
ROADMAP
vantum can also simplify every transaction whichever is optimized for mainstream adoption and can be used every day, vantum can also bridge all types of transactions using Blockchain and Cryptocurrency better
MORE INFORMATION VISIT:
WEBSITE: http: //vantumnetwork.co/
THREAD: https: //bitcointalk.org/index.php? Topic = 4694790.new # new
WHITEPAPER: http: //vantumnetwork.co/whitepaper.pdf (COMING SOON)
AUTHOR: ALEX789
BTT: https: //bitcointalk.org/index.php? Action = profile; u = 1653045
ETH: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0
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