Peer to Peer network (P2P)

     How Block Chain works ?

     As explained in previous article about what is Block Chain, here we will discuss how it works and what technologies are used in it.

Block Chain is a complex concept to know as includes different technologies under one roof, it is the technology of future and future is tomorrow . We had heard a lot about Blockchain but failed to understand the technology, here listed the technologies used 

• Peer to Peer Network
• Cryptography
• Digital Signature
• Nodes
• Hashing
• Consensus Protocol

 From listed above technical aspects Peer to Peer Network is explained below,

    Peer to Peer Network (P2P)

A Peer to Peer Network (P2P) is very important part about how block chain works, and why it should be solid and secure. 

The next revolution of the internet will be linked to "blockchain".One of the direct implications of Blockchain targets P2P curation market sector. 

Peer to Peer (P2P) networks are bringing online members to a new place where they can exchange information and data relevant to them in a decentralized world.Interconnected peers form a group reliable for Block Chain i.e trustworthy and transparent. In this groups people's or users share information of common interests.

P2P blockchain apps that have emerged recently. Its impossible to predict whether tools like these will form the basis of an entirely web. From now they are interested to explore,

       1. IPFS (ipfs.io) 

IPFS, or Inter Planetary File System is a system for decentralized web applications that uses blockchain protocol to archive and sustain digital files. IPFS is touted an alternative to HTTP ( Hyper Text Transmisson Protocol), a current core technology of the web.

       2. Filecoin (filecoin.io)

Filecoin s a project developed from IPFS. Filecoin is both a platform storing both data and its own cryptocurrency, it is earned by hosting files. Although IPFS and Filecoin is similar but they differ in that's incentive based.

        3. Sia (sia.tech)

Sia is another protocol that uses power of blockchain to decentralize data storage and transmission.

Like Filecoin, Sia features its own cryptocurrency i.e siacoin which can be mined from its software.

         4. Etheria (etheria.world)

Etheria is a Minecraft-like videogame based on Ethereum Blockchain the "world first decentralized virtual world". In Etheria, players own tiles and farm them for building blocks, which is process similar to mining cryptocurrency.