What is Block Explorer in blockchain?
In a blockchain network, all the information is stored in the form of blocks which are joined together forming a chain of blocks. If you want to learn more about how this works, check out this article. Blockchain is a decentralised network where all the transactions are transparent. But how do you see all the transactions […]
What are Decentralized Applications (Dapps)?
Dapps also known as decentralized applications have been more popular since the popularity of cryptocurrency has grown a lot. What are dapps? Dapps are like normal applications but the difference is that they are decentralized and run on a blockchain network. The main difference between regular applications and dapps is that they are not controlled […]
What Is Proof Of Work (POW) In Blockchain
Proof of Work is a consensus mechanism cryptocurrencies use to validate transactions and add new blocks in a blockchain network. In a blockchain network there are nodes all around the world that participate in the network and ensure that the network is stable and running correctly. This ensures the decentralisation of a network. What is Consensus Mechanism First, […]
What Is A Smart Contract In Blockchain
Trust is the most important thing when it comes to friendships, relationships, etc. But when it comes to business trust alone is not enough. Here comes the role of a contract. A contract is a legal agreement between two or more parties. It tells about all the terms and conditions to which both parties agree […]
What is Blockchain? | Blockchain Technology Explained
What is blockchain? Blockchain is the technology behind cryptocurrencies. If you are into cryptocurrency then along with Bitcoin I am sure you must have heard of Blockchain. Blockchain is a database but it’s quite different from the regular database. To understand it more clearly first we have to understand what is a database. What is […]
What is Ethereum? Ethereum Blockchain Explained
Ethereum which is misspelt as Etherium in a lot of places is an open-source decentralized blockchain network. Its cryptocurrency Ether (ETH) is the world’s second most popular cryptocurrency after bitcoin. Today in this article we are going to learn what is Ethereum. What is Ethereum? Ethereum is an open-source decentralized blockchain network. A blockchain network […]
The Bitcoin WhitePaper Simplified
Bitcoin Whitepaper is the first document through which people got to know about Bitcoin. Bitcoin Whitepaper was published in 2008 by Satoshi Nakamoto. Bitcoin Whitepaper is a 9-page document in which Satoshi explains what Bitcoin is and how this works in detail. If you want you can check the whitepaper here. Bitcoin Whitepaper has a lot […]
What is a Cryptocurrency? Learn how it works
What is a cryptocurrency? Cryptocurrency is a decentralized digital currency that runs through blockchain technology. Most of us have seen currency in paper notes or coins, but cryptocurrencies are virtual currency that does not exist in the physical form. This currency is decentralized. Now, most of you may be thinking, about what is decentralized. Let me […]