What is Immutability in Blockchain?
This term immutable can be related to the fact that once data is stored and committed in the Blockchain then such data cannot be changed in any way.
- Thus, it means once an individual sends data in the form of a transaction or information in the blockchain technology system, he/she cannot manipulate the content in any way.
- Therefore, the previous transactions in a blockchain are fixed using cryptographic techniques such as hashing and consensus mechanisms like proof of work or proof of stake because modifying the blockchain or some of its records would take an unreasonably long time, both in terms of computation and achieving consensus in the network.
Immutability in Blockchain
Immutable means a record that cannot be altered, a record that is permanent to keep, in the context of Blockchain, an immutable ledger means any records that can remain constant. It cannot be altered or modified, which generally means that the data cannot be easily modified. The second impact of immutability is that people prefer to plan with conspiracy because it is easier to bring changes to it. Let us go further and look into what makes blockchain immutable as well as explore the advantages of integration for it.
Table of Content
- What is Immutability in Blockchain?
- How to Achieve Immutability?
- Benefits of Immutability in Blockchain
- What are the Challenges of Blockchain Immutability?
- How to Overcome these Challenges?
- Conclusion
- FAQs