N01Zet
Will Create Its Own Coin, N01zet Coin About Transactions are also recorded in a decentralized way on all of the computers that are a part of the network, as opposed to being saved in a single centralized database as they were in the past. The contribution that blockchain technology brings to the table is represented by this. Putting these blocks together results in the formation of what might be called a ledger, which is something that all of the members of the group are able to see and update at the same time. By using blockchain technology, it is possible to augment the level of security of a transaction that is conducted between individuals. This means that all encrypted transactions are now automatically verified by all of the persons who have access to the network, rather than being examined by a single individual. This is a significant change from the previous situation. The necessity for the aid of trustworthy third parties in order to execute transactions is no longer nec...