“If you can dream it, you can do it. ” -Walt Disney For some coding is a job. For some, it is an exercise. But for us folks here at Knoldus, it’s a Passion. So in order to bring a twist in the daily work schedule, Knoldus held an overnight Hackathon competition within the organization on 18th May 2018 which presented an opportunity for every Knolder(employees Continue Reading
Scorex is an open-source project written in Scala with loosely coupled and pluggable components. Scorex provides many abstractions for which you have to provide concrete implementations to make the Blockchain as per your requirements on the top of Scorex. It is backed by IOHK, a technology company based in Hong Kong. Scorex is still experimental and raw. It appears to be in an early stage of development. All the Continue Reading
Hyperledger Sawtooth is Hyperledger’s open-source blockchain platform, following closely on Hyperledger Fabric. It is an enterprise distributed ledger proposed by Intel and was one of the first projects to join Linux Foundation’s Hyperledger umbrella. This platform is modular, scalable, with an innovative consensus model, has unique support for permissioned and permissionless infrastructure and the potential for incredibly large network sizes.
The first law of distribution is “Don’t Distribute“. If everything can be done on a single machine then nothing beats that. But, lets cut to reality. Today’s computing and information systems are inherently distributed. Starting from large data centers to cloud storage to your mobile phone, everything is a part of the distributed infrastructure. Distribution, just like distributed development teams is here to stay because Continue Reading
What is Ethereum? Ethereum is an open-source blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology. It is an open-source project created by Vitalik Buterin. How is it different from Bitcoin? Bitcoin is not capable of performing calculations that didn’t fit into his limited scripting language. Satoshi Nakamoto, the creator of bitcoin, did not design it to send anything Continue Reading
Distributed Ledger Technology is the concept behind the famous Blockchain technology. Let us see some of the key features of Distributed ledger, (which are all present in Blockchain as well) and how it is different from Blockchain. In the conventional ledger systems, there is a central authority that keeps a single copy of the all the transactional records in the form of a physical or Continue Reading
Hi all, In today’s blog, I will be getting you acquainted with the Blockchain, its definition, inception and everything you need to know as a novice developer or user. A many of us have lately been getting very familiar with the term Bitcoin and have started to visualise it correctly as a digital currency. So getting into a bit more detail, the technology behind it Continue Reading
On August 10, 2017, Microsoft announced their enterprise-ready blockchain network, Coco Framework. Blockchain technology is now not an unknown technology anymore, with each day passing the number of enterprises supporting and investing in blockchain is increasing. There are lots of short coming in existing software like latency, performance, governance, etc. Microsoft, one of the tech giants, investing a lot in blockchain technology. They are trying Continue Reading
When we talk about the blockchain, the first thing that came up in our mind is the security and the security because of the blockchain consensus algorithm. Those who know about the blockchain know that we keep the ledger transactions synchronized across the network to ensure that ledgers only update when the appropriate participants approve transactions and that when ledgers do update, they update with Continue Reading
The Blockchain technology is booming beyond belief. But apart from the definition or relating it to BITCOINS what else do we know about The Blockchain? Reading articles regarding this, all I could summarize about Blockchain is that it is a- Distributed and immutable (write once and read only) Database/System. A public ledger of all distributed transactions. Key features include Security, Integrity, Accessibility. A well-known implementation Continue Reading
Nowadays blockchain technology is creating a lot of headlines but it is very little about what is blockchain and how to use it. I tried to dig into the blockchain technology and found Hyperledger Project developed by Linux Foundation, to support the collaborative development of blockchain-based distributed ledgers. Hyperledger Fabric is one of the hyperledger projects but before introducing hyperledger fabric we should know what Continue Reading
In Simple words Quorum is an Ethereum-based distributed ledger protocol that supports transaction and contract privacy. The primary features of Quorum. Transaction and contract privacy Voting-based consensus mechanism Network/Peer permissions management Higher performance Apart from these feature Quorum includes one of the powerful feature that is support of Private and Public Transactions. Private Transaction :- are those Transactions whose payload is only visible to the Continue Reading
“Blockchain is more than just ICT innovation, but facilitates new types of economic organization and governance. Suggests two approaches to economics of blockchain: innovation-centred and governance-centred. Argues that the governance approach—based in new institutional economics and public choice economics—is most promising, because it models blockchain as a new technology for creating spontaneous organizations, ie new types of economies.” – Primavera De Fillippi, Academic, researcher, author Continue Reading
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