Bitcoin and Blockchain history have proved to be a story of rapid transformation. After initial scandals in the industry, the fledging technology emerged and rose in value to attract the attention of JP Morgan Chase and the mushrooming of reputable companies that support the ecosystem.
All types of computer systems are vulnerable in one way or another. For example, the proof of stake algorithm was introduced to solve a specific challenge in the proof of work algorithm. But there are specific attacks unique to PoS. These are long-range attack and stake grinding attack.
In parts one and two of “blockchain – what it is”, we discussed why the tech design of blockchain has enabled it to be adaptable for worldwide use and adoption. Unlike the internet, blockchain is all about resource and asset management as opposed to information sharing and determination. But is blockchain infallible? What is it not?
By Lumai Mubanga. [email protected] In my previous article, I pointed out that bitcoins have been inspired by the ideals of the Cypherpunks and libertarians. However, who were the Cypherpunks and what where the central ideals that influenced the creation of Bitcoins? According to the Wikipedia, they are activists advocating widespread use of strong cryptography and […]
Sensitive users will now be able to purchase any time with a clear conscious because they will have known everything about the product before purchasing it. Indeed, when fully-fledged, sensitive users will find block chain more appealing.
by Lumai Mubanga Enterprise blockchain is essentially the type of blockchain intended to empower a private network with some central authority controls that is able to take part in consensus and validate transactions on the network. The rise of enterprise blockchain has been supported different types of enterprise blockchain platforms. Enterprise blockchain platforms exist precisely […]
The debate as to whether the rise and adoption of blockchain is a natural evolution or a consequence of revolution will be around for some time to come. While others contend that it is a revolution, others strongly feel that it is an evolution because change is inevitable.
Have you ever realized the power of Ethereum? In this article, we will discuss a few applications that the Ethereum blockchain is being used for. With more than 300, 000 developers across the world developing applications using more than 10, 000 nodes, Ethereum’s power is only beginning to be felt.
As you already know, ethereum is an open-source platform for application deployment. However, just how can you personally get involved and build an application that will eventually run on this block chain?
The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.
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