bitcoin

Getting started with Ethereum

Reading Time: 2 minutes 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

Getting an insight of Blockchain

Reading Time: 4 minutes 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

Transforming to a New World with Blockchain Technology

Reading Time: 4 minutes 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

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

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

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