Bruno Skvorc compares and contrasts Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) as well, examining how they work and their pros and cons.
Tag: ethereum
David Attard compares three of the more popular Bitcoin alternatives — Ethereum, Cardano and NEO — showing how blockchain technology is evolving into a real digital platform that can be used to build scalable, distributed applications.
Bruno Skvorc explains how transaction costs on Ethereum are calculated, covering the concepts of gas, the Ethereum Virtual Machine, ether, GWei, gas limit and gas price.
Bruno Skvorc takes you through the process of generating your first Ethereum wallet and sending and receiving ether through the MyEtherWallet interface.
Mislav Javor provides a short overview of smart contract compilation, explaining ABI and how smart contracts deployed on the Ethereum blockchain can get invoked.
You've heard of encryption, but do you know what it actually is and how it works? Bruno Skvorc takes you back to the basics and explains encryption, describes the different types, and provides algorithm examples. If you've ever wanted to understand this but it seemed too complicated, you'll love this post.
Bitcoin is currently impractical to use because of slow and expensive transactions plaguing its blockchain. Bruno Skvorc explains the concept of the Lightning Network, which was introduced as a solution to this scalability issue.
Bruno Skvorc explains the concept of nodes in Bitcoin, exploring the difference between mining and validation.
Mateja Kendel presents a list of the top nine uses for blockchain that are not only viable, but also necessary and highly probable, including financial freedom, decentralization, immutability, voting and loyalty points.
Bruno Skvorc introduces Ethereum, a special blockchain with a special token called Ether, showing how it's different from bitcoin, and what makes it stand out in the world of cryptocurrency.
Bruno Skvorc explains how hardware wallets work in a technical (but hopefully human-readable) way, detailing how they do what they do and how they can be this flexible and yet this secure.
Bruno Skvorc explains what “the blockchain” actually is, how it works, why it’s popular, and why so many people claim it’ll revolutionize the world.
Blockchain and Solidity developer and consultant Bruno Skvorc explains why blockchain is a potential game-changer, but also overrated.
What's the difference between private, public, and consortium blockchain?
What is consensus, what are the various types of consensus mechanism, and why does it matter?
The top 5 things you need to know about the blockchain and how it works.
Blockchain is a hot topic around the world these days, yet for many, the technology remains an elusive concept.
Joel walks us through the complex process of auto-trading cryptocurrency and turning profits over night with Laravel, APIs, Bitcoin, and various exchanges!