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Saurav Suman
Saurav Suman

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Web2 vs Web3 - A beginner's perspective

Identity on a block chain

  • One of the important aspects of web3 and Solana is the key pair identity system where public key serves as a identity to outside world and the private key serves as a authentication method to approve the corresponding transaction that is being accessed by the public key. The private key can
  • It also gives more authority to users as companies cannot lock or block accounts. The work is performed by user without anyone's permission.
  • The key pair identity is global there is no particular server it works instead the entire network is the server.
  • Another important aspect is that transactions are linked together in blocks, forming a blockchain. Because each block is cryptographically connected to the previous one, altering a block would change its hash and make tampering detectable by the network, thereby improving security and integrity.

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