blockchain 2 factor authentication – Bitcoints

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Published on July 21st, 2015 | by bitcoin

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blockchain 2 factor authentication

Information about blockchain 2 factor authentication

Block chain (database)

A block chain is a distributed data store that maintains a continuously growing list of data records that are hardened against tampering and revision, even by operators of the data store’s nodes. The most widely known application of a block chain is the public ledger of transactions for cryptocurrencies, such as bitcoin. This record is enforced cryptographically and hosted on machines running the software.
The technology forms the basis of all cryptocurrencies.

Authentication

Authentication (from Greek: αὐθεντικός authentikos, “real, genuine,” from αὐθέντης authentes, “author”) is the act of confirming the truth of an attribute of a single piece of data (datum) or entity. In contrast with identification which refers to the act of stating or otherwise indicating a claim purportedly attesting to a person or thing’s identity, authentication is the process of actually confirming that identity. It might involve confirming the identity of a person by validating their identity documents, verifying the validity of a Website with a digital certificate, tracing the age of an artifact by carbon dating, or ensuring that a product is what its packaging and labeling claim to be. In other words, authentication often involves verifying the validity of at least one form of identification.

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