Blockchain Cryptographic Puzzles In The Cryptocurrency Cryptoverse And Other Cryptocraptic Cryptology

Blockchain technology is the underlying fundamental factor that makes cryptocurrency coins and tokens a possibility as well as a virtual reality. I say coins and tokens because they are decidedly different. Coins have legs but tokens need to ride a bus or hitch a ride. Basically, a coin has its own blockchain while a token does not. Basic Attention Token relies on the Ethereum blockchain while the Bitcoin has its own. Ripple XRP also is also independent like Bitcoin.

Blockchain is as important and fundamental to cryptocurrency and tokens as quarks are to atoms. Atoms would not be possible using electrons to form an atomic nuclei without the help of quarks. A quark is a type of elementary particle and a fundamental constituent of matter. Quarks combine to form composite particles known as hadrons. We are all familiar with the stable versions of hadrons known as protons and neutrons which accompany the charismatic electron to make matter.

The word blockchain hints that the complex technology was formed using the words chain and block to illustrate a containing a series of blocks chained together.

Groups of digital puzzle pieces are the blocks chained together in a database forming a digital blockchain.

The transaction information stored in the block is anonymous using a unique digital signature known as a hash to distinguish each one from another.

Every cryptographic puzzle piece is generated by a complex algorithm to ensure that they are all uniquely different.

New data added to the blockchain must follow a very specific set of rules that must be adhered to for successful inclusion and ultimate assimilation.

Four separate and specific things must happen before new data is added to the blockchain.

The Blockchain Steps

STEP 1

A transaction must actually happen before being submitted to the blockchain for consideration. The blockchain must be aware of the new transaction and receive all the necessary details along with the proposed data block before moving on to the verification process in Step 2.

STEP 2

Verification of the new transaction is necessary. Details regarding the transaction must be verified. Computer programs check to ensure the transaction occurred exactly as was stated in the submission process during Step 1. The time, amount and participants must all agree with other records to be verified.

STEP 3

Transnational data must be successfully stored. Nothing happens until the requirements of Step 2 and Step 4 is fulfilled. Data that is verified in the previous step is added to the puzzle but differentiated from all the other pieces as soon as it receives a hash in Step 4.

STEP 4

The block of new data that is submitted in Step 1 and verified in Step 2 and offered to the blockchain for assimilation in Step 3 is given a unique hash before finally etching the puzzle piece onto virtual stone for public record. Assimilation of the new data to the Borg-like blockchain is now complete.

For The Public Record

The Publish0x team voluntarily offers transaction information every time a publisher is paid on the platform to prove that the transaction has occurred and consequentially put to rest any discrepant claims afterwards.

Careful examination of the example Project Hydro Withdrawal Paid (view transaction) submitted on Monday, February 26 shows the payments are available for perusal in a publicly displayed ledger but anonymize the actual participants. Actual details regarding who is who in the zoo is not necessary to make the blockchain technology work as intended.]

Although blockchains vary in flavor and color, they all serve as the highway for all the virtual cryptocurrency coins and tokens abounding in the cryptoverse. Blockchain technology has evolved beyond the original Bitcoin version and is bound to continue doing so.

New blockchain technologies are utilizing innovative idea and adding new information previously not considered when the original design was first concocted. Blockchain technology now allows for the creation of user friendly applications paving the way for users to transfer and share wealth and information data.

This post was spurred by a situation concerning the destruction of my 1,000 piece puzzle of Plitvice Lake, Croatia by a little great grand-daughter in-law a couple of days ago. You can check out the finished puzzle in the link above posted on January 2, 2020. I was not angry and am actually looking forward to solving the puzzle again.

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