Understanding Proof of Stake Is Not Difficult
Where Proof Of Stake Came From And its Evolution Consensus mechanisms are critical to the success of distributed cryptocurrency networks because they allow them to operate…
10 Minutes Time Limited Proof-of-Work Race
Why Do We Need Proof-of-Work We already understand how nodes communicate and reach consensus in order to add new block to the Blockchain as well as…
Nodes And Blockchain Network: Make It Easy
How Chain Connect Blocks And Form Blockchain Network Assuming the human body is analogized to the network of the blockchain. Then the organs in the human…
Block Of Blockchain What You Might Not Know
Anatomy Of A Block Of Blockchain You probably already know that blocks are the essential blocks that build up Blockchain. All in all, what precisely is…
Digital Signature: Digital Data Authentication
Digital Signature vs Encrypted Data In the previous post, we discussed the purpose of public key cryptography , which is to encrypt information. However, we didn't elaborate…
Hash Function: Deterministic And Irreversible Output Value
Hash Function VS Spreadsheet Function Hash function properly is the most important fundamental knowledge to understand how the blockchain really works. There are many types of…
How Public Key Cryptography Solve Problem
In the next few posts, we will further explore some basic knowledge and technologies of blockchain: Cryptography and hash functions What is a block and how…
Paper Blockchain: Simulation Of Blockchain
Definition Of Blockchain Blockchain is essentially a database that chains blocks together in chronological order and uses an immutable cryptographic signature to ensure that the data…
What Problem Does Distributed Ledger Solve
The Evolution of the Ledger Before we can understand distributed ledger, let's look into what exactly is a ledger. As early as 1,000 years ago, Europe…
3 Benefits to move to Decentralization
The Definition Of Decentralization Fundamentally speaking, decentralization is to transfer the power and authority of a central institution or community to its members and making the…