Chapter 8 Blockchain and Exploitation

Ledgers have been around for thousands of years to keep track of transactions. As societies develop, so does the use of ledgers. Today, ledgers have evolved into digital and computerized formats. At the basic level, blockchain technology is a disruptive new platform technology that enables the improved ability for verification and recording of exchange of value among an interconnected set of users. Blockchain technology offers a secure and transparent way to track the ownership of assets throughout the transaction process: before, during, and after transactions are recorded. The name blockchain emanates from the format of the technology. Every transaction is recorded on a block and a set of transactions ...

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