Can an owner ledger be altered or tampered with in the blockchain?
Ashish RaiDec 18, 2021 · 4 years ago3 answers
Is it possible for someone to modify or manipulate the owner ledger in a blockchain?
3 answers
- Revanth RevanthOct 24, 2021 · 4 years agoNo, the owner ledger in a blockchain is designed to be immutable and tamper-proof. Once a transaction is recorded on the ledger, it becomes a permanent part of the blockchain and cannot be altered or tampered with. This ensures the integrity and security of the blockchain system.
- Cam RDec 22, 2023 · 2 years agoAbsolutely not! The beauty of blockchain technology lies in its decentralized and transparent nature. The owner ledger is distributed across multiple nodes in the network, making it nearly impossible for anyone to alter or tamper with the ledger without the consensus of the majority of nodes. So rest assured, your transactions are safe and secure on the blockchain!
- HivoAug 03, 2024 · a year agoAs an expert in the field, I can confidently say that the owner ledger in a blockchain cannot be altered or tampered with. This is due to the cryptographic algorithms and consensus mechanisms used in blockchain technology. Any attempt to modify the ledger would require an immense amount of computational power and would be immediately detected by the network. So you can trust that your ownership records are secure and cannot be tampered with.
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