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Hello, friends! I hope you are doing great. Welcome to my blog series 'Explained'. Here , we will talk about interesting topics, in a form of stories. Today, we will talk about 'Proof of Work' consensus mechanism, that is used by Bitcoin network. So, let's get started. Welcome to the world of Blockchainia, a place …
Continue reading "Explained in a Story! BITCOIN – Proof of work"
In the ever-evolving landscape of technology, two giants stand out for their transformative potential: Artificial Intelligence (AI) and Blockchain. Separately, they offer significant advancements; together, they promise a revolution. 1. Enhanced Security and Trust Blockchain's immutable ledger, combined with AI's predictive capabilities, elevates security to new heights. AI algorithms can detect and prevent fraud in …
Continue reading "The Synergy of AI and Blockchain: Revolutionizing the Future"
Hello learners, I hope you are having a great day today. So last night, as per India Time, the Securities and Exchange Commission (SEC) of the USA, approved applications from 11 Fund Managing entities, to set up an Exchange Trading Fund (ETF), that will track the price of Bitcoin and will be traded on multiple …
Continue reading "BITCOIN will now be traded, on the New York Stock Exchange."
Reading Time ; 6 Minutes Hello, my fam. I hope you are doing great. Here I am again, with an article on one of the very basic concepts of distributed public ledger technology, Blockchain. Since the blockchain systems are not controlled by any single party, it must use a mechanism, to attain consensus among the …
Continue reading "How does Blockchain reach consensus, in a decentralized system?"
Reading time: 5 minutes Hello, I hope you are doing great. Our world is witnessing a revolution in the world of finance. Just like the internet, there is a new technology in the market, that is revolutionizing the way people transfer value to each other. It could be currency tokens with varying utility, or it …
Continue reading "How smart contracts, are making our lives smarter?"
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