Blockchain technology is quite popular nowadays one of its application cryptocurrencies are even more popular than the concept of blockchain itself. The whole concept of cryptocurrencies is based on one concept called...
Category - BLOCKCHAIN
Voting process In any democracy voting event is the most important event that allows its citizens to exercise their power by voting and selecting their representative. And to protect this right of its citizens, conducting fair...
Smart contracts are actually programs that runs on blockchain. Let’s understand this so what first comes into your mind when you hear the word “contract”? Probably a set of rules right, yeah you are right a...
To understand “what is segregated witness?” we first need to know about block size and why it is kept fixed in blockchain. Block in a blockchain contains data in many forms such as block no., timestamp, nonce...
There is no concept of traditional wallets in blockchain as it has no balance values, there is just list and list of transactions. But when you login into your cryptocurrency wallet you see a balance value suppose 0.5 BTC, in...
In Blockchain system, transactions does not happen like normal banking transactions, like in banking system if you send someone money transaction is complete and details are stored somewhere that’s it, But in blockchain it...
Blockchain is a continuously growing chain of interlinked immutable blocks. For understanding blockchain we first need to understand what is a block because blockchains are made up of blocks. What is a Block? A Block is...