Top 10 Downsides of Blockchain
Here are the Downsides and Potential Dangers of blockchain. 1. It is not a distributed computing system Blockchain makes use of a peer to peer network. The computer systems that take part in this network…
Here are the Downsides and Potential Dangers of blockchain. 1. It is not a distributed computing system Blockchain makes use of a peer to peer network. The computer systems that take part in this network…
There are three broad categories of blockchains: The Public Blockchain, The Private Blockchain, and The Federated Blockchain. In this article, we are going to discuss Federated Blockchain. The Federated Blockchain is the blockchain that we…
There are numerous blockchains across different architectural formats written in numerous programming languages. There are a string of them that you can download from GitHub. Some blockchains are varied in nature and objective, and you…
In this article, we are going to discuss Blockchain vs Server. Let’s compare and contrast the client-server architecture versus the P2P architecture. The client-server setup is centralized in nature. All data is centrally located and…
Why would you want to create a blockchain, when everyone is thinking of creating cryptocurrencies? Well, the reason you would do that is so that you will have greater freedom in the features that the…
The Blockchain is the basis of the utility of Bitcoin. Many experts agree that if it weren’t for the Blockchain, Bitcoin would have little appeal and value. To really understand the benefits of Bitcoin, you…
The virtual currency revolution began on October 31, 2008, when an anonymous figure (or figures) known only by the pseudonym Satoshi Nakamoto published a white paper for a peer-to-peer monetary system that would exist solely…
Ripple is an alternative cryptocurrency (Altcoin) that, although it is based on Bitcoin technology, aims to solve several of Bitcoin’s problems, such as the time it takes to verify transactions. This coin cannot be mined…
In this article, we are going to discuss what Litecoin Mining actually is and different kinds of methods for mining Litecoin. Every transaction that goes through the Litecoin blockchain needs to be verified by a…
Today, we are going to discuss how cryptography is used in Bitcoin and How Bitcoin Works. When you think about a currency, you think about something that is easily exchangeable and can hold the value…