Writing the code for my own block chain and crypto currency





Writing the code for my own block chain and crypto currency
Writing code for a blockchain and crypto currency is the process of developing a secure and distributed ledger, or database, which stores records that are immutable and cryptographically secured. The code can enable the transfer of value and information between individuals in a distributed, permissionless, and trustless network. This code is written in a programming language, such as C++, Python, or Java, and is used to develop the blockchain-based applications used to store and log data transactions. To understand this concept better, let’s look at a practical example. Let’s say we want to create a blockchain-based application to send money between two people. We would first write the code for our own blockchain. This would involve programming a series of blocks, or records, which could be linked together in an immutable chain. We would also need to write code for the consensus algorithm, which is the set of rules by which all participants in the network must abide by to validate a transaction. Finally, we would need to create a cryptographic token, or cryptocurrency, which could be used to transfer value between the two individuals. Fun Fact: The first ever real-world application of blockchain technology was Bitcoin, which was created in 2009.