Blockchain Architecture
The term blockchain first described back in 1991. Many researchers wanted to create a tool to timestamp digital documents not to be backdated or changed. Further, the technique was adopted and reinvented by Satoshi Nakamoto. However, In 2008, Nakamoto created the first cryptocurrency, the blockchain-based project called Bitcoin.

Moreover, The popularity of cryptocurrencies has also resulted in growing interest in trading and investing, which can be safely done on legal platforms such as Bitlevex.

What is Blockchain?

The blockchain is a chain of blocks carrying specific information (database), but securely and genuinely grouped in a network (peer-to-peer). In other words, blockchain is a mixture of computers linked to each other alternately of a central server, meaning that the whole system is decentralized.

To make it even easier, the blockchain concept can compared to working on the same Google Doc simultaneously.

Database vs. Blockchain System

The classical architecture of the World Wide Web manages a client-server system. In this case, the server has all the essential information in one place so that it is simple to update and controlled by several administrators.

In the distributed blockchain network, Therefore, every member within the system maintains, approves, and updates new entries.

The structure of blockchain technology represented by a list of blocks with transactions in a particular order. Two vital data structures used in blockchain include:

• Pointers — variables that have information about the location of another variable
• Linked lists — a series of blocks where each block has specific data and links to the following block with the help of a pointer

The following blockchain flow diagram is a connected list of records.

Blockchain can serve the following goals for organizations and enterprises:

• Cost reduction
• History of data
• Data validity & security

Types of Blockchain Explaine

All blockchain structures fall into three categories:

• Public blockchain
• Private blockchain
• Consortium blockchain

The following table delivers a detailed comparison of these 3 blockchain systems.

How Does It Work: Core Components of Blockchain

The core blockchain architecture components:

• Node — viewer or computer within the blockchain
• Transaction — the least building block of a blockchain system
• Block — a data structure utilized for keeping a collection of transactions which distributed to all nodes in the network
• Chain — a series of blocks in a specific order
• Miners — specific nodes which work the block verification process
• Consensus— a collection of rules and arrangements to carry out blockchain operations

The following is a blockchain diagram that displays how this works in the form of a digital wallet.

Let’s have a friendlier look at what is a block in a blockchain. Every blockchain block consists of:

• certain data
• the hash of the block
• the hash from the previous block

On the other hand, it could be feasible to adjust all the blocks with strong computer processors in code. However, there is a solution that rejects this possibility called proof-of-work. This enables a user to slow down the process of the creation of new blocks.

How to Make a Private Blockchain

A decentralized blockchain application produced just the same as any another standard software product. Functional specifications, UX/UI designs, and an architecture plan required for its development. However, It is important to identify the app’s functionality, user roles, and think over the system flow and the communication between users and information.
To build your blockchain, it is necessary to consider:

• Blockchain network — refers to the application’s support placed within a particular environment inside 1 or a few organizations.
• Blockchain code — relates to the tasks and goals this blockchain resolution developed to perform.

There are some open-source solutions used to build exceptional blockchain architecture. However, The most famous among them is Hyperledger by Linux Foundation. This project is also popularly used by IBM and other popular tech organizations. And also, Hyperledger Composer gives a set of tools for building a blockchain.

Unique, different solutions to build your blockchain are Ethereum and Corda.
Here is a high-level hyperledger architecture diagram to build a blockchain solution.

Key Characteristics of Blockchain

Blockchain maintains a lot of benefits for businesses. Here are some embedded characteristics:

• Cryptography
• Transparency
• Decentralization
• Anonymity
• Immutability
• Provenance

Create Your Blockchain!

Blockchain technology allows organizations & companies in the following ways:

• Possibility to perform transactions much more quickly and with trust
• Introduction of modern digital interaction
• cyber-attacks, Remove cheating, or other electronic crimes.
• Opportunity to keep detailed control over business processes and transactions without a central control point
• Cost reduction for businesses or cross-enterprise procedures while removing intermediaries, inefficiencies, and duplications

In case you have an exciting idea for using blockchain architecture, contact our team. However, We can help you implement a blockchain solution in the best manner.

What is Gooo (Google)?

Gooo, commonly referred to as Google. it is one company subsidiary of the US multinational Alphabet Inc. specializing in products and services electronic, computer and related Internet.

Its main product, which bears the same name as the company, is the most popular search engine that exists. Whose function is to provide users with access to web page listings and references of different types to facilitate their journey through the vast world of the Internet.

In addition to the search as mentioned earlier search engine, Google LLC also offers a series of online applications ranging from

• Email ( Gmail )
• Video playback ( YouTube )
• Searching for postal addresses on a world map ( Google Earth and Google Maps )
• To an Internet browser ( Google Chrome )
• A social network ( Google+ ), among many others.

However, the Google search engine is the most visited Page in the world Internet ranking. Which translates into serving more than 1 billion search requests every day and requires a business presence on almost the entire planet.

Google has often criticize for intellectual property violations and its collaboration with government programs for global citizenship monitoring (as revealed in 2013-2015) by the United States and its allied countries.

Simultaneously, the company has accuse of collaborating with the censorship of content in countries with a totalitarian or dictatorial regime, to gain commercial space in their populations.

Who founded Google?

American of Larry Page and Russian Sergey Brin, founders of this great company.

In 1995, Page had finished his studies at the University of Michigan and went on to do his postgraduate studies at Stanford University, California.

At this same university, he meets Brin, 21, who was in charge of showing him the campus.

Without even knowing it, they who, two years later, revolutionize the world with their invention, Google!

Do you want an interesting fact?

Before creating Google, Larry and Sergei had created another Internet search engine called “BackRub,” which was for university use only.

How does Google work?

From the time the term is entered in the search box until the results obtained. A process that normally takes no more than a couple of seconds. The following methods take place in the Google search engine:

• Crawling and indexing. The first stage of the search consists of reviewing the enormous number of web pages that there are (approximately 30 billion), comparing the presence of the keyword provided by the user with their indexes.
• Algorithms and formulas. Once the results are selected, they allow ordering and ranking the results based on the terms provided by the user. This algorithm can suggest searches, give parallel results. And even correct the user if he suspects that there was an error in the typing of the keyword.
• Elimination of SPAM. Since many results will be from unsafe, illegal, or irrelevant site. Google applies specialized filters that allow you to get rid of inconvenient results. And focus your search on the most likely information.