artexglobal

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artexglobal

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Created 3 years, 1 month ago.

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Category Business & Finance

Artex Global was founded in 2015. We are based in New York, USA, but we provide information to the whole world about developments in the cryptocurrency market. We make reviews of exchanges and publish fresh news to keep all traders and inquisitive people informed about bitcoin and similar cryptocurrencies.

Types of blockchain - private and public

Since different types of services and applications can be built on this technology, there are private and public blockchains.

Private blockchain

These blockchains are considered exclusive and are created for the development of private business. They are closed and centralized, supported and controlled by their creators, and subordinate to corporate goals. To become a member of a private Blockchain, certain conditions must be met, and only certain certified users can mine new blocks.

Public Blockchain

Public Blockchain systems can be joined and become a miner by anyone, as they are administered by the community itself.

What is the reliability and durability of blockchain?

Blockchain technology, like the Internet, has built-in fault tolerance. By keeping blocks of information identical throughout the network, blockchain cannot:

- Be controlled by any one person;
- Has no single point of failure.

Bitcoin was invented in 2008. Since then, the Bitcoin blockchain has operated without significant disruption. (To date, the problems associated with Bitcoin have been due to hacking of services built on top of it or a lack of control. In other words, these problems stem from bad intentions and human error, not from flaws in the architecture of the protocol.)

For nearly 30 years, the Internet has proven to be reliable. This achievement bodes well for blockchain technology, which continues to evolve.

As revolutionary as it sounds, blockchain is indeed a mechanism that provides the highest degree of accountability and identification. No more missed transactions, human or machine errors, or even changes made without the consent of the parties involved. Most importantly, blockchain helps guarantee the legitimacy of a transaction by recording it not just in a master register, but in a distributed system of registries linked through a secure verification mechanism.

Blockchain applications

The essence of the "blockchain" as a publicly accessible, distributed and 100% reliable database makes the application of blockchain very attractive to companies operating in different fields.
There are already a number of blockchain-based business application development extensions that provide:

- Secure network administration, eliminating MIM ("man in the middle") hacking attacks and removing the "single administrator" problem;
- storage of digital certificates, making user access to sites completely secure (in particular, eliminating password hijacking);
- secure bilateral transactions without the involvement of a guaranteeing third party (law firm, notary, bank, etc.);
- fixing the time of documents placement, allowing to solve the issues of patents, copyrights, etc.;
- confirmation of the authenticity of the product (goods) by means of a reliably protected certificate;
- confirmation of rights to any property;
- creation of publicly available electronic business cards, information on which is automatically updated even after the "distribution" on the Internet resources;
- DNS system, invulnerable to DDOS-attacks,
- and more.

We want to be useful

As you can see, there is a lot of information out there about the world of cryptocurrencies, and it is very difficult for beginners to make sense of it. Artex Global delivers such complex information in simple language. You can say that we work in media and at the same time in financial advisory. We do our job very well because we have professional traders who know the cryptocurrency market from the inside. The experience of such employees is invaluable. And we want to share our knowledge with the world. We hope that we will be useful and that a lot of people will learn about us thanks to Bitchute.
We would like to run our own channel on Bitchute. We hope to give useful information to our subscribers. And subscribers will be able to make correct choices about actions on the cryptocurrency market.