Vivek Khatritech.peculiarvivek.com·Dec 15, 2024DDIA - Chapter 9 - Consistency and Consensus - Thoughts and notesDisclaimer: this blog has been written with the help of LLM, please do not hate me I never imagined that consensus would be such a difficult problem, in a democracy one has consensus right, it is so easy. Even if there are multiple failure points the...Consensus
CryptapeforCryptape Jungleblog.cryptape.com·Nov 15, 2024Satoshi Scoop Weekly, 15 Nov 2024Crypto Insights A Lisp for Bitcoin, More Powerful Than Script? The author has been long exploring a form of Lisp as an alternative to Bitcoin Script, previously proposing BTCLisp. Building on that, the author introduces BLL (a Basic Lisp Language), a...Satoshi Scoop WeeklyBlockchain development
Kelvin Ugwutechcomm.hashnode.dev·Nov 8, 2024Consensus Mechanism in BlockchainBusinesses are leveraging blockchain to improve security, traceability, and data storage, which is reflected in transparency and an increase in revenue generated. Decentralization Improves security and transparency. The consensus mechanism eliminates...1 likeConsensus mechanism in Blockchain
Gautham R Vanjregautham10.hashnode.dev·Oct 13, 2024Proof of Work (PoW): A Consensus mechanismIn the last blog, we covered the basics of Blockchain, its structure, and the definition of a Consensus mechanism. Consensus in a blockchain ensures that all nodes in a network agree on the current state of the network and the authenticity of transac...Web3 and Blockchain BasicsBitcoin
lilmisssomeonelilmisssomeone.hashnode.dev·Sep 15, 2024Understanding Trustless Trust: An Overview of Blockchain Consensus MechanismsBlockchain technology is distinguished by its ability to enable a decentralized network of nodes to achieve consensus without a central authority. This decentralized consensus ensures that transactions and updates to the shared ledger are confirmed s...Blockchain
sai phanindrablog.saiphanindra.com·Sep 6, 2024What is Consensus in BlockchainWhat is Consensus in Blockchain? Consensus in blockchain refers to the process by which all nodes (participants) in the network agree on a single version of the truth. This is essential for maintaining the integrity and security of the blockchain. Wi...BlockchainBlockchain
Navya Srivastavanavya01.hashnode.dev·Aug 19, 2024Is Blockchain Truly Safe? A Deep Dive into Attacks, Consensus, and Mitigation StrategiesBlockchain technology has emerged as a cornerstone of the digital revolution, promising transparency, immutability, and decentralization. While these attributes contribute to a robust security framework, it is essential to recognize that no system is...Blockchain
Dery K. Yahyaderkhya.hashnode.dev·Aug 16, 2024Consensus Protocols• Understanding Consensus Protocols: Consensus protocols are one of the key concepts in blockchain that allow computers to reach a mutual agreement in block creation and transaction verification. These smart algorithms not only verify but also break ...3 likesConsensus
Shashwat Nautiyalbadrii.hashnode.dev·Aug 15, 2024XRP- Ledger: A Beacon in Madness?Introduction: Have you ever wondered what underpins a currency in international trade? What happens if someone refuses to accept your money at the same value as you do? What if a nation uncontrollably prints fiat currency, devaluing all other associa...Web3
Nagvekarnagvekar.hashnode.dev·Jun 4, 2024Understanding Consensus in Blockchain: Mechanisms, Importance, and Future ApplicationsBlockchain technology has revolutionized the way we think about digital transactions, providing a secure, transparent, and decentralized system. At the heart of this technology lies the concept of consensus. This article delves into what consensus is...Consensus