BRIEF INTRODUCTION: Good day everyone all over the world, and I extend my greetings to all my dear readers. I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.
According to the main purpose or fixed design of this article , I will be presenting you a brief introduction about blockchain
A blockchain is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a merkle tree root hash)
By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been claimed with a blockchain.
Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications, and blockchains which are readable by the public are widely used by cryptocurrencies. Private blockchains have been proposed for business use. Sources such as the Computerworld called the marketing of such blockchains without a proper security model.
The first work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta. They wanted to implement a system where document timestamps could not be tampered with. In 1992, Bayer, Haber and Stornetta incorporated Merkle trees to the design, which improved its efficiency by allowing several document certificates to be collected into one block.
The first blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008. Nakamoto improved the design in an important way using a Hashcash-like method to add blocks to the chain without requiring them to be signed by a trusted party. The design was implemented the following year by Nakamoto as a core component of the cryptocurrency bitcoin, where it serves as the public ledger for all transactions on the network.
In August 2014, the bitcoin blockchain file size, containing records of all transactions that have occurred on the network, reached 20 GB (gigabytes). In January 2015, the size had grown to almost 30 GB, and from January 2016 to January 2017, the bitcoin blockchain grew from 50 GB to 100 GB in size.
The words block and chain were used separately in Satoshi Nakamoto’s original paper, but were eventually popularized as a single word, blockchain, by 2016. The term blockchain 2.0 refers to new applications of the distributed blockchain database, first emerging in 2014. The Economist described one implementation of this second-generation programmable blockchain as coming with “a programming language that allows users to write more sophisticated smart contracts, thus creating invoices that pay themselves when a shipment arrives or share certificates which automatically send their owners dividends if profits reach a certain level.
As of 2016, blockchain 2.0 implementations continue to require an off-chain oracle to access any “external data or events based on time or market conditions that need to interact with the blockchain.
IBM opened a blockchain innovation research center in Singapore in July 2016. A working group for the World Economic Forum met in November 2016 to discuss the development of governance models related to blockchain.
According to Accenture, an application of the diffusion of innovations theory suggests that blockchains attained a 13.5% adoption rate within financial services in 2016, therefore reaching the early adopters phase. Industry trade groups joined to create the Global Blockchain Forum in 2016, an initiative of the Chamber of Digital Commerce.
In May 2018, Gartner found that only 1% of CIOs indicated any kind of blockchain adoption within their organisations, and only 8% of CIOs were in the short-term ‘planning or [looking at] active experimentation with blockchain.
In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called:Athero
WHAT IS Athero?
Athero is a powerful infrastructure for decentralized apps powered by smart contracts. Blockchain project that aims to revolutionize the way how modern internet operates. An ecosystem which combines Finance, Blockchain and The Internet Of Things. Complex platform build on top of the Ehereum blockchain. THO is a global, open source and decentralized supercomputer which anyone can access. Secured, Trusted and Fast expanding.
The Athero platform structure is a decentralized and economically sustainable public compute infrastructure that is focused on growth and prosperity.
Athero is a platform designed to improve commerce by combining the Internet of Things and the blockchain technology. Athero incorporates a distributed operating system with an open blockchain, using virtual business to business networks and a consensus algorithm to realize better offline solutions for information flow and product sourcing needs.
While the Athero design is inspired by that of earlier blockchains, it also realizes decades of research across the fields of concurrent and distributed computation, mathematics, and programming language design. The platform includes a modular, end-to-end design that commits to correct-by-construction software and industrial extensibility.
Simply put, Athero is a highly profitable, global cryptocurrency ecosystem that doesn’t rely on banks or any other financial institution.
Athero is a new blockchain protocol being developed and specifically designed and optimized for business and marketplace applications. The protocol will consist of a blockchain based “virtual machine” and defined modules of middleware software stacks, which operate outside the chain. It will support decentralized processes governed by smart contractsimplemented on the network.
Athero main goal is to create “Internet 3.0 solution”. Imagine browsing internet offline, all you need is synched (or partialy synched) THO wallet. Simply put, Athero is a highly profitable, global cryptocurrency ecosystem that doesn’t rely on banks or any other financial institution.
State-of-the-art cryptographic datastructures and unparalleled decentralization provide efficiency and eliminate single-point-of-failure.
Athero is bootstrapping partnerships in different sectors to bring blockchain technology into real world use.
Athero is continuously researching the newest technological standards and continuously expanding our cooperations with international research institutions to keep the technology safe and up to date.
Athero puts an emphasis on web technology and has a mobile-first approach to bring blockchain technology to the next level of adoption.
Athero ICO AND TOKEN REVIEW
2018-09-20 – 2019-01-20
●Token Symbol <<>> THO
●Price <<>> 1 THO = 0.04 USD
●Bonus <<>> Available
●Platform <<>> Ethereum
●Accepting <<>> ETH, BTC, LTC
●Minimum investment <<>> 10 USD
●Soft cap <<>> 18000000 USD
●Country <<>> Cayman Islands
●Whitelist/KYC <<>> KYC
MY OPINION CONCERNING THIS PROJECT
In my own perspective, I can seeAthero as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.
Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities as Athero does.
For more or further details, please! Kindly follow the links below:
••BITCOINTALK USERNAME: Dprince2281
••BITCOINTALK PROFILE LINK:https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary
Great thanks to all my dear readers, you will be more appreciated if you can kindly send a recommendation to some friends and to all media across the globe. Thanks! for given your time.