Topic: The VEST Token AirDrop is now live! - page 42. (Read 389676 times)

Yes.

In a nutshell, here’s how blockchain allows transactions to take place:

1. A blockchain network makes use of public and private keys in order to form a digital signature ensuring security and consent.
2.Once the authentication is ensured through these keys, the need for authorization arises.
3.Blockchain allows participants of the network to perform mathematical verifications and reach a consensus to agree on any particular value.
4.While making a transfer, the sender uses their private key and announces the transaction information over the network. A block is created containing information such as digital signature, timestamp, and the receiver’s public key.
5.This block of information is broadcasted through the network and the validation process starts.
6.Miners all over the network start solving the mathematical puzzle related to the transaction in order to process it. Solving this puzzle requires the miners to invest their computing power.
7.Upon solving the puzzle first, the miner receives rewards in the form of bitcoins. Such kind of problems is referred to as proof-of-work mathematical problems.
8.Once the majority of nodes in the network come to a consensus and agree to a common solution, the block is time stamped and added to the existing blockchain. This block can contain anything from money to data to messages.
9.After the new block is added to the chain, the existing copies of blockchain are updated for all the nodes on the network.

VestChain is promoting a smart contract platform, the main goal of which is to provide the most progressive properties no other platform is able to offer.

I would like to actively follow the news and updates of the project, does VestChain have its own telegram channel or Facebook?

The VestChain platform is aimed at solving this problem using its own technology.

Still, unfortunately, very few good professionals who know a lot about this field.

The VestChain platform is aimed at solving this problem using its own technology.

You are right, now the sphere of economy and finance is developing strongly and it needs a good speed of translation processing.

In the age of digital technology, there is a huge chasm of knowledge between non-professionals from different industries and smart contract development.

The process itself is already running, good marketing and all the team will succeed.

Perhaps the team had in mind transactional transfers that would be reduced to a small commission and high speed

Where did the market start to grow? did you visit the crypto exchange today? All top coins fall in value.

Additional sources of advertising, very good effect on the popularity of the project as a whole.

I agree with you. Are there any more detailed descriptions of the functional of the future product in these articles about the project?

The VestChain project has many prospects in this area and there is a good chance to prove its leadership.