BLOCKCHAIN

In this section, we are going to learn about the four basic components of bitcoin. These four elements will help us to understand the bitcoin […]

A distributed ledger is a type of database that is consensually shared, replicated, and synchronized among the members of a decentralized network. All the information on this ledger is […]

A blockchain is a concept of storing data digitally. This data comes in blocks. These blocks are chained together and make the data immutable. When a […]

In this section, we are going to learn how SHA-256 applies to build a block within a blockchain. We will discuss here in the context […]

A hash function takes an input string (numbers, alphabets, media files) of any length and transforms it into a fixed length. The fixed bit length […]

To understand the role of bitcoin miners, let us first understand Bitcoin Mining. 1. Bitcoin Mining Bitcoin mining is the process of adding transaction records […]

The brief description of the evolution of blockchain technology and its versioning from 1.0 to 3.0 are explained below. 1. Blockchain 1.0: Currency The idea of creating […]

1. What is Bitcoin? Satoshi Nakamoto introduced the bitcoin in the year 2008. Bitcoin is a cryptocurrency(virtual currency), or a digital currency that uses rules of cryptography for […]

The blockchain technology was described in 1991 by the research scientist Stuart Haber and W. Scott Stornetta. They wanted to introduce a computationally practical solution for time-stamping digital documents so […]

Blockchain Tutorial provides basic and advanced concepts of blockchain. Blockchain is a constantly growing ledger that keeps a permanent record of all the transactions that have taken place in […]