Blockchain – Ethereum Nonce vs Bitcoin Nonce
In the previous blog we discussed what a nonce is in the blockchain and successfully mining a block requires a minor to be the first to guess the nonce, which is a random string of numbers .The nonce exists in both the Ethereum and Bitcoin protocols, but in Ethereum there are two types of nonce […]
Blockchain – How mining works : The Nonce
In order to keep the blockchain secure, data from previous blocks are encrypted or “hashed” into a series of numbers and letters. This is done by processing the block input through a function, which produces an output of a fixed length. The function used to generate the hash is deterministic, meaning that it will produce […]
Blockchain – P2P Distributed Networks
In our last blog post we discussed how the blockchain can been seen as an immutable ledger. So how does the blockchain communicate with each block and how does the data stored on the block protect itself from hacks or attacks on the data. Since the blockchain technology involves decentralization, the infrastructural communications network underlying […]
Blockchain – The immutable ledger
Immutable comes to us through Middle English from Latin ‘immutabilis’, meaning unable to change. So in object – orientated and functional programming, an immutable object (unchangeable object) is an object whose state cannot be modified after it is created. This is in contrast to a mutable object, which can be modified after it is created. […]