Siacoin is all set for the hardfork scheduled for block 179,000 expected to be on Wednesday, October 31st. The core developers hope to improve the performance of Sia network, and give the power of mining back to the community. Sia Tech - An Introduction Sia is one of the leading decentralized cloud storage platform to rent and host. Based on blockchain technology it creates a data storage marketplace that is more robust and more...
While looking at transaction details of Bitcoin, you see a few other transactions than the one you made. For example on blockchain.info, you might have came across different type of Bitcoin transactions. Lets have look at them one by one. Before we take a look closely on each type, it's worth noting that Bitcoin transfer from one account to another follow Unspent Transaction Output (UTXO) model. I will considering all the transactions form Block...
When talking about ethereum mining, most of the individuals think that they need supercomputers having large multitudes of computational power to pull it off. Well, it is not completely erroneous; unlike a couple of years back, mining cryptocurrency has become quite easier. This has become possible because of the rapid advancement of both cryptocurrency, and the blockchain technologies have experienced over the time. Those days are gone when you needed a mainframe with the processing...
Press Release World Blockchain Hackathon presents a $12,000 blockchain hackathon in San Francisco on the 16th-17th June, 2018. The aim of World Blockchain Hackathon is to create, nurture and support a growing decentralized community of blockchain developers. World Blockchain Hackathon organizes hackathons globally. The last event was held in Saint Petersburg Russia with 150+ participants. The San Francisco Hackathon will cover the latest Blockchain technologies, research, applications, and development. Our partners and sponsors include...
Cryptocurrencies have changed the ways of transactions whether they be business or personal. Below is a graph which shows the number of ethereum transactions per month over years. Image source: Etherscan.io It is impressive that cryptocurrencies such as Ether have grown so much over years. But the problem is that cryptocurrencies were not designed for such a widespread use. And as the virtual currencies have grown, many problems have surfaced. The most important and...
Ether is the fundamental cryptocurrency for operation on Ethereum blockchain. It is used to pay GAS , a unit of computation used in transactions and other state transitions....
What is Ethereum light node? Ethereum light node protocol is big step towards bringing the Ethereum client to small devices with limited hardware resources. Details of light client protocol can be found at GitHub. Go-Ethereum or Geth 1.8.1 has an experimental implementation of light protocol. Lets have a look in detail. Installing Geth First you need to install geth. You can follow the instruction here about geth installation. $geth version Geth Version: 1....
A blockchain is a distributed database that maintains a continuously growing list of records called blocks which are secured from tampering and revision using cryptography....
With Constantinople fork coming closer, listing all EIPs to be included is a priority for the Ethereum Core Developers. In latest Core Devs meeting, the discussion was more focused on streamlining the process of merging of EIPs and about the EIPs proposed to be included in the fork....
With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. This relatively new cryptocurrency not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications. Ethereum essentially enables dozens of new and extremely innovative cryptocurrencies to exist. While Ethereum’s utility is obvious to programmers and the tech world at large,...
Before we get deeper into the concept of Ethereum Blockchain, it is important to understand how Public Key, Private Key and Address are generated. To make this easier for beginners, I am trying to explain the technical concept with an example. Ethereum key generation is based on elliptical curve ecp256k1. Eliptical curve (EC) is intense mathematics, and there are a lot of great articles on internet covering deep details of elliptical curve. There are standard...
We are going through a very exciting phase of technological transformation. Blockchain community is re-designing a lot of existing use cases and trying to solve a lot of unsolved use cases with the help of decentralized, peer-to-peer technology. Certificate generation and verification is one of the uses cases which is being attempted to be gracefully handled by blockchain. Here is one of the possible approach using Ethereum and IPFS. Step 1: Every certificate issuer is...
Understanding Blockchain, Cryptocurrency, Ethereum, Bitcoin. Concept of Private Key, Public Key and Address, Smart Contract, Light client and more......
Collection of good articles by external webpage link...
In recent days, with various articles at EtherWorld, we've already covered - Metropolis: Ethereum Hardfork, Introduction to Byzantium. Let us quickly drive into another section, exploring more about the phases of Metropolis. Ethereum's next planned phase Metropolis is a case study into the multidisciplinary, dynamic, inner workings of how the decentralized application platform functions. Ethereum’s developers informed the world regarding the upcoming changes to the Ethereum ecosystem, which is the next milestone release for...
