Is blockchain tamper-proof?
The first of these controls is distribution and decentralisation: by ensuring that all interested parties have access to the ledger and any new transactions which are supposed to be added to it, tampering should become much more evident. If all of the parties involved have access to the same information, an attempt by anything less than a majority of stakeholders to incorrectly report a transaction will be noticed by all of the other parties who are processing the data honestly.Without distribution and decentralisation – and therefore equal access to data for all interested parties – blockchain is no more tamper proof than any other data storage mechanism. A blockchain owned and exclusively processed by one individual, regardless of how many nodes they operate and how many people can read…