A blockchain is a decentralised and distributed digital ledger that records transactions across multiple computers in a way that ensures security, transparency, and immutability. Understanding the distinctions among various blockchain platforms is crucial when embarking on a blockchain project. Before diving deep into the crux of selecting the blockchain platform for your project, let us recap some fundamentals of blockchain and its types.
Brief overview of how blockchain works
While venturing deeper into the blockchain landscape, it’s essential to understand how this technology’s inner workings shape the choices in the world of decentralisation. Here is a brief overview.
Blocks: Transactions are grouped together into blocks. Each block contains a list of transactions and a reference to the previous block, forming a chain of blocks.
Decentralisation: Instead of being stored on a single central server, the blockchain ledger is maintained by a network of computers (nodes) distributed around the world. This decentralised nature prevents a single point of failure and makes the system more resilient.
Consensus mechanisms: To validate and add new blocks to the chain, a consensus mechanism is used. The most well-known consensus mechanism is proof of work (PoW), which requires miners to solve complex mathematical puzzles to verify transactions. Other mechanisms like proof of stake (PoS) and delegated proof of stake (DPoS) exist as well.
Immutability: Once a block is added to the blockchain, it’s nearly impossible to alter the information within it. This immutability is achieved through cryptographic hashing and the decentralised nature of the network.
ãã®èšäºã¯ Open Source For You ã® October 2023 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Open Source For You ã® October 2023 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
The Crucial Role of Open Source in Advancing Blockchain Technology
Open source and blockchain technology are like soulmates, forging connections, building bridges, and working together to create a future that is more open, inclusive, and equitable.
Why Open Source Dependencies Must be Managed
Unmanaged reliance on open source software may result in a Support crisis over a projectâs life span, as well as financial loss for the organisation. Planned and regular upgrades of open source software components are a must.
Why Cloud Security Alone is Not Enough for Enterprises
Traditional and off-the-shelf security tools for the cloud may lull organisations into a false sense of being safe from cyber threats. This first article in the two-part series explains why organisations must develop an enterprise cloud security governance strategyâ.
Openchain: Revolutionising Supply Chain Management
Openchainâs unique features cater specifically to enhancing supply chain management. This distributed ledger technology is helping to build a future where supply chains are more transparent, efficient, and secure.
Open Source, Private and Public Blockchain Platforms: What They Offer
Open source platforms play a crucial role in driving innovation and democratising access to blockchain technology. These platforms promise to have a significant impact on the future of society by offering a range of benefits.
Why Choose Hyperledger Sawtooth?
Hyperledger Sawtooth has earned a formidable reputation as a champion of modularity in the realm of enterprise blockchains. We delve into its components and functionalities, as well as the advantages it offers businesses seeking custom-crafted blockchain solutions.
Hyperledger Fabric: What You Should Know and Why
Understanding the essential features of Hyperledger Fabric is crucial for anyone looking to develop blockchain applications for enterprise use. These features provide the foundation for building secure, scalable, and privacy-focused applications, and can be leveraged to create innovative solutions that address real-world business challenges.
The Metaverse and Blockchain Technology: What the Future Holds
The integration of the metaverse with blockchain technology has opened exciting possibilities for managing digital assets in virtual environments. As virtual worlds become increasingly immersive and interconnected, the need for secure and efficient asset management solutions has never been greater.
Machine Learning Basics for a Newbie
Machine learning is a vast and rapidly evolving field, and this article serves as a stepping stone for those new to the domain. Explore the fundamental concepts of machine learning, from understanding the differences between traditional programming and ML to delving into various types of machine learning algorithms.
Human-AI Collaboration is the Future
Al-augmented decision making is making a transformative impact across various fields, benefiting a range of industries.