Blockchain

Credits: Sunny Gandhi Hey everyone! Feels like it’s been a while since we last talked blockchain. But let’s get back! Today we are going to see the technology stack behind the blockchain. If you’ve been following along, you already know blockchain isn’t just about Bitcoin or smart contracts. It’s built on layers with different consensus algorithms and all. Here’s your Blockchain Library to revisit and revise. Part 1: Blockchain Basics Part 2: Blockchain: Building the Blocks

In our previous discussions, we’ve covered the fundamental concepts of blockchain , including its consensus mechanisms and diverse applications . Today, we’ll shift our focus to the technical underpinnings of blockchain technology. We’ll explore the blockchain technology stack, protocols, the significance of smart contracts, and the potential for chain conflicts, including hard forks and soft forks. Blockchain Technology Stack Application Layer: The Front Door This is where u

Blockchain is a world of endless possibilities, or so they say. But let’s cut the crap and talk about what really makes it tick; consensus algorithms. You know, those boring, technical things that nobody cares about until the network implodes. I and my friends were starving after skipping our lecture. The age-old question arose: where to eat? Opinions were as diverse as our appetites — Chinese, Mexican, South Indian, vada-pav, pani puri and more. It was clear we needed a sin

Hey there, I’m back with more details on blockchain! In our previous blog, we covered the fundamentals: what blockchain is, its types, and applications. Today, let’s see the workings of distributed ledger technology, exploring blockchain and its basic terminologies. How distributed ledger works? The Power of Distributed Ledgers Distributed ledgers operate without a central authority, enabling individuals or entities to interact and transact with trust in the system rather tha

Hey guys!! I am happy to announce that we have reached 100 followers on Medium! Huge thanks for your continued support! It means a lot to have you guys here. Yes, so today we are going to learn about blockchain technology. When I first heard the word ‘blockchain’, what crossed my mind is a literal chain made of different blocks. Not wrong, but it’s just more than a connected chain. Think of a group of people who keeps a shared record, be it notes or daily updates or money det