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Blockchain Smart Contract Theory Behind

The smart contract in Blockchain is a kind of software application that works without human intervention based on the transaction logs and provide a solution to the user request. 
I want to share the back end mechanism in the Smart Contract of Blockchain.

Smart Contract Mechanism What is Smart ContractA smart contract is a protocol which can auto-execute, facilitate, verify, or enforce the negotiation of a contract.Agreement between two parties you can say as a contract.Incorporating the rules of the physical contract into the computing world, you can say as a smart contractBlockchain supports you to create smart contracts.Smart Contracts are self-executing programs which run on the blockchain and are capable of enforcing rulesUsing Blockchain as a platform and making an agreement or contract between more than two parties, you can say as Smart Contract.Traditional Markets  4 Top Benefits of Smart ContractCurrently, smart contracts are being used only in Crypto CurrenciesNow Smart Contra…

Everything You Need To Know About Amazon Machine Image

Essentially a virtual machine image or snapshot ”An Amazon Machine Image (AMI) is a special type of pre-configured operating system and virtual application software which is used to create a virtual machine within the Amazon Elastic Compute Cloud (EC2).
Amazon machine image

It serves as the basic unit of deployment for services delivered using EC2.” AWS supports the following virtual image types for import/export: VMware ESX VMDK images, VMware ESX OVA (export only), Citrix Xen VHD images and Microsoft Hyper-V VHD images.

Life Cycle of AMI

AMI cycle
The above diagram summarizes the AMI lifecycle. After you create and register an AMI, you can use it to launch new instances. (You can also launch instances from an AMI if the AMI owner grants you launch permissions.) You can copy an AMI to the same region or to different regions. When you are finished launching an instance from an AMI, you can deregister the AMI.

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