Blockchain

Quorum : Ethereum-based distributed ledger protocol

Reading Time: 3 minutes 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

Introduction of Blockchain

Reading Time: 2 minutes “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

Quick example of a block in the blockchain

Reading Time: 1 minute Further to our earlier post, which describes the data structure of a block in the blockchain, here is a quick example of what does the block look like   Relating it back to the post, it contains the Size, Version, Bits and Height in the chain as to where it belongs Number of transactions Merkle root Timestamp Link to the previous block Mining Difficulty Nonce Continue Reading

Are we really eliminating central authorities with blockchain?

Reading Time: 3 minutes There is a lot of promise around blockchains. While we at DeepChains do subscribe to the philosophy and would be eager to provide business solutions to meet the industry needs but there has been a lot of double talk, it seems with blockchains. The premise of blockchain is the following No central registration – No big papa. Decentralized – there is no single point of Continue Reading

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