Everything you want to know about Blockchain Technology.
Overview Casper is the idea of Proof of Stake (POS) in Ethereum. It is being designed by Vlad Zamfir, Vitalik B. and other community members. Vlad came in touch with Ethereum community in September 2014. Ethereum foundation team had wanted to have Proof of Stake (POS) even before the Ethereum
Bitcoin has a unique mining block reward strategy. Each time a miner successfully solves Bitcoin’s proof of work algorithm, he is rewarded a set amount of bitcoins agreed upon by the network. The bitcoins included in the block reward are all new bitcoins. This is the only way that
Scalability in blockchain Most popular debate in bitcoin community is that blockchain do not scale properly. It doesn't scale because every full node has to verify every transaction. The scaling doesn't really work well because of fixed block time (time between two blocks creation). If there
Ethereum Ice Age Ethereum Ice Age is considered to be an external factor that can affect decision making on other application on Ethereum like ZoE [http://etherworld.co/topic/21/zk-snarks-in-ethereum] (Zerocash Over Ethereum) and several others. Basically, there is a feature in the protocol that makes Ethereum blockchain [http:
Hard fork and soft fork are the protocol upgrade mechanism in blockchain. Hard fork creates an incompatibility between the previous version and the latest version on software. There is always a possibility of split of blockchain (like Ethereum Classic). However, it is debatable, if they are preferred upgrade mechanism for
zk-SNARKS It is one of the hottest topics in cryptography over the last year. One major reason behind it being hot is Zcash launch. Zcash is a cryptocurrency, whose flagship feature is that it integrated zk-SNARKS (Zero Knowledge Succinct Non-Interactive Argument of Knowledge). General principles: * As the title suggests, this
Merkle Tree Merkle Tree also known as 'hash tree' is a data structure in cryptography in which each leaf node is a hash of a block of data, and each non-leaf node is a hash of its child nodes. In the most general sense, Merkle tree (named after
This is in continuation to Ethereum Ecosystem (part-1) [http://etherworld.co/topic/17/ethereum-ecosystem-part-1] in which we've covered Understanding Ethereum System, Ethereum System State, Code Execution and Full Node. Gas It is one of the key mechanism underlying the security of Ethereum system. Ethereum, being a complete programming
Understanding Ethereum System Idea of Ethereum was floored by the end of 2013. People started realizing that blockchain could be used for various other applications other than just money; like Asset issuance, crowdfunding, domain registration, title registration, gambling, prediction marketing, internet of things (IoT), voting and hundreds of similar applications.
In Blockchain beginner's guide (part - 1) [http://etherworld.co/topic/15/blockchain-beginner-s-guide-part-1], we've covered Blockchain, Blockchain Technology, Blockchain and Ethereum and Applications of Ethereum. Blockchain Protocols Formerly, most protocols of blockchains were designed like single purpose tools that are specifically designed around one particular application
Blockchain The blockchain is the latest revolution in technology world. Is it really the start of the new digital era? The concept of blockchain is ingenious invention of a person (or a group of people) known by the pseudo name, Satoshi Nakamoto in 2008. They designed bitcoin and as a
One of the milestone events in the world of blockchain and cryptocurrency took place at the Ecole Supérieure de Commerce de Paris - Europe (ESCP) on 17-18 February 2017 called The EDCON. The European Ethereum Development Conference (EDCON) was organized by LinkTime with the support and cooperation of developers from
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