BlockChain unblocked – Understanding the technology behind Bitcoin You might have heard something that’s sounds very interesting to us - “ Bitcoin” and also various facts and myths about it. The most fascinating out of which was ‘Investing in Bitcoin will lease interesting high returns. So, as you are aware about the digital crypto currency Bitcoin, you must also have heard an associated word “BlockChain”. As the internet has affected all major industries, so is with BlockChain. What is BlockChain and why it is so important? The technology behind Bitcoin is BlockChain. Bitcoin is a digital cryptocurrency which works on peer to peer network, i.e., distributed systems. There is no centralized system. If I want to transfer some amount of money to my friend, there is a bank in between that is monitoring this transaction. But in Bitcoin, there is no centralized system to monitor, record, or store the transaction details. Everything is in a distributed manner. In a...