Enphyr Secures $1 Million in Seed Funding At $10 Million Valuation
In a significant move towards safeguarding data privacy and enhancing blockchain capabilities, Enphyr, a Layer 2 solution that is built on the Ethereum network, has secured...
Blockchain is a way of securely recording information and is highly resistant to tampering, hacking, or alteration. Blockchain functions through a distributed ledger system. In such a system, transactions are replicated and distributed across the network of computers participating in it.
This technology keeps the data of transactions, called blocks, in more than one database, called the “chain,” in a network that has peer-to-peer nodes, which is also termed a digital ledger.