Tag: blockchain

Blockchain and Fintech

Smart Contracts and Tokens in Ethereum

Estimated read time 5 min read

Smart contracts in Ethereum are self-executing contracts with the terms of the agreement directly written into code. They are computer programs that run on the Ethereum blockchain and automatically enforce the rules and conditions defined within their code. If you [Read More…]

Blockchain and Fintech

Ethereum, Solidity and Decentralization

Estimated read time 3 min read

Ethereum can be considered a technology that is more capable than Bitcoin. In a traditional Blockchain technology like Bitcoin, I mentioned how Bitcoin is mostly focused on a ledger system with records and algorithms backing up the transactions. But Ethereum [Read More…]

Blockchain and Fintech

Proof of Stake in Blockchain

Estimated read time 3 min read

In some of my previous articles, I wrote about the Consensus protocol. If you had been following closely, you would have come across the term several times. I explained how Consensus is a mechanism by which participants in a distributed [Read More…]

Blockchain and Fintech

The quest for survival of public Blockchain like Bitcoin

Estimated read time 3 min read

The economic performance of Bitcoin is subject to various factors, including market demand and supply, investor sentiment, regulatory developments, macroeconomic trends, technological advancements, and global economic conditions. As usual, I would like to throw out the links to my previous [Read More…]

Blockchain and Fintech

Bitcoin Basic Mining concepts

Estimated read time 5 min read

Behind Bitcoin mining, there is a protocol called Proof of work. Sometimes it’s just referred to as “Mining”. In the Bitcoin whitepaper by Satoshi Nakamoto, Proof of Work (PoW) is a consensus mechanism used in blockchain networks, and it is [Read More…]