Tag: consensus

Blockchain Explained… In Under 100 Words

I recently attended an industry seminar where the concept of the Blockchain was explained. At the end of the session, walking out of the lecture room I heard one of the attendees say to a colleague “I’m still not sure what exactly Blockchain is…”. Many of us know that Blockchain is a topic that is hot at ...

Google Is ‘Actively Looking’ At How It Can Use Blockchain Technology, Its Head of Advertising Says.

Google is looking at whether it can incorporate blockchain technology, its most senior advertising executive said Wednesday. Sridhar Ramaswamy, Google’s senior vice president of ads and commerce, said the company was researching the technology, but had no official product announcements to make. “This is a research topic, so I don’t have anything super-definitive to say. ...

US Congress Releases Extraordinary Report Praising Cryptocurrency and Blockchain Technology

The US Congress just released its massive joint report on the state of the economy, and for the first time an entire chapter is dedicated to cryptocurrency. What’s even more extraordinary are the number of bullish sentiments on the future of the emerging technology. Here’s a look at some of the most interesting aspects of ...

Proof of Work vs Proof of Stake – EXPLAINED!

First of all, what is mining? Mining – is a process of validating a transaction or block in a network by the process of complex algorithms to prove and validate the correctness of the transaction and thereby add the new block to the chain. In order to mine coins, you need to have high power ...

Forget Bitcoin. It’s All About The Blockchain.

Bitcoin gets headlines. I see them too. I admit it grabs attention, but the substance is blockchain technology. That’s why it’s critical to get familiar with blockchain technology. To do so, start here: Blockchain is a public distributed ledger. Throughout most of history, we’ve been living in a centralized world. We have governments, financial institutions, big ...