Aviral Sharmaaviralsharma.hashnode.dev·Jul 8, 2024Proof of Work vs Proof of StakeBlockchain is at the center of the Web 3 Ecosystem. Today we are using it in an increasing number of domains. Blockchain provides decentralization and security that Web 2 applications and interfaces fail to do (Proof of Work vs Proof of Stake). dApps...DiscussBlockchain
CryptapeforCryptape Jungleblog.cryptape.com·Jun 21, 2024Satoshi Scoop Weekly, 21 Jun 2024Crypto Insights First ZK Rollup on Bitcoin Set to Launch Citrea overcomes Bitcoin’s limitations in terms of block size and script capabilities by modularization. The innovation lies in using Bitcoin as a data availability layer, allowing any data to...Discuss·32 readsSatoshi Scoop WeeklyBlockchain technology
CryptapeforCryptape Jungleblog.cryptape.com·Jun 14, 2024Satoshi Scoop Weekly, 14 Jun 2024Crypto Insights New BIP Draft | Soft Fork Against Quantum Attacks The BIP draft introduces a new signature algorithm P2QRH (Pay to Quantum Resistant Hash) to add quantum resistance to Bitcoin. This draft is the beginning of a series of BIPs focused ...Discuss·28 readsSatoshi Scoop WeeklyBlockchain technology
ek javadjavadweb3.hashnode.dev·Jun 13, 2024The Importance of Blockchain SecurityBlockchain technology has emerged as a revolutionary force, transforming industries by providing a decentralized, transparent, and secure method of recording transactions. However, as blockchain adoption grows, so does the importance of ensuring its ...DiscussBlockchain
CryptapeforCryptape Jungleblog.cryptape.com·Jun 7, 2024Satoshi Scoop Weekly, 7 Jun 2024Crypto Insights Peter Todd on Determining Block Storage Size Bitcoin uses a structured approach for data storage through blk*.dat files, with sizes ranging between 128MB to 134MB. How was this range determined, and are there tests proving this to be...DiscussSatoshi Scoop WeeklyBitcoin
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...DiscussConsensus
Pranav Bawgikarpranavbawg.hashnode.dev·May 28, 2024Proof-of-Work Consensus Algorithm[10] Understanding Consensus Blockchain is a public distributed ledger that offers decentralized, anonymous, and secure transactions. Despite the absence of a central authority, every blockchain transaction is considered completely secure and validat...DiscussBlockchain
reaumetumeyhreaumetumeyh.hashnode.dev·Apr 3, 2024Vitalik Buterin Propels Ethereum Forward with 'The Purge' Initiative: Simplifying and Strengthening the Blockchain ProtocolIn a recent revelation, Vitalik Buterin, the co-founder of Ethereum, unveiled a strategic initiative dubbed "The Purge" aimed at refining and fortifying the Ethereum blockchain protocol. This ambitious endeavor, outlined by Buterin, seeks to streamli...DiscussEthereum
darkdepauli7.nftdepauli.hashnode.dev·Dec 17, 2023The Proof of Work (PoW) Hashing Challenge: A Comparative StudyThe Proof of Work (PoW) hashing challenge is a fundamental component of Bitcoin's consensus mechanism, serving several key roles. It ensures network consensus, provides security, facilitates block mining, maintains network health, and determines the ...Discuss·10 likesEthereum
Greatman Ugorji0xryker.hashnode.dev·Nov 11, 2023Blockchain Consensus MechanismIntroduction Blockchain transactions are executed without the involvement of a third party. You may ask how it is even possible to trust someone on the internet, even when the transaction data is available publicly. The answer lies in what is called ...DiscussproofOfWork