Knoldus Blogs

Solana – Wallet Creation and Sending Tokens

December 14, 2021December 14, 2021Blockchain, RustBlockchain, Blockchain Development, Commands, cryptocurrency, Rust, Rust programming language, solana

Reading Time: 4 minutes Solana is an open-source project implementing a new, high-performance, permissionless blockchain. It is also the most performant permissionless blockchain where a network of 200 physically distinct nodes supports a throughput of more than 50,000 transactions per second. Solana has innovated a mempool-less transaction forwarding protocol. A mempool is a set of transactions that have been submitted to the network and are yet to be processed by the Continue Reading

Evolution of Ethereum followed by Bitcoin

July 5, 2021July 5, 2021Blockchain, Rustbitcoin, Blockchain, cryptocurrency, ethereum, Proof of work

Reading Time: 4 minutes Decentralised currency, digital currency, and peer-to-peer money all refer to bank-free methods of transferring wealth or ownership of any other commodity without needing a third party such as Banks. Bitcoin: Bitcoin is a consensus network that enables a new payment system and completely digital money. It is the first decentralized peer-to-peer payment network. From a user perspective, Bitcoin is pretty much like cash for the Continue Reading

Custom Implementation of Blockchain In Rust(Part 3)

April 22, 2020April 22, 2020Big Data and Fast Data, RustBlockchain, Blockchain Development, cryptocurrency, Rust, Rust programming language

Reading Time: 2 minutes In previous blogs(part-1 and part-2), we created a sample blockchain application. We also implemented validation and proof of work algorithm. Now we are going to upgrade our blockchain to simple cryptocurrency. We can do this by:- Including the functionality of paying out rewards to miners Signing the transaction We will be covering only first part in this blog. We will cover transaction signature in next Continue Reading

Scorex: A Modular Blockchain, Scala Framework

May 21, 2018September 7, 2018Studio-Scalacryptocurrency, Introduction, technology

Reading Time: 5 minutes 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