The general definition associated with decentralized applications (DApps) is an application that functions through a peer-to-peer network as opposed to a single source or computer. The existence of such an app in cyberspace does not depend on a single authority. It can operate under a blockchain network or any other form of the peer-to-peer system […]
In an attempt to understand the technical side of the cryptocurrency craze, I read the book, Bitcoin and Cryptocurrency Technologies (http://bitcoinbook.cs.princeton.educeton.edu). It was a great book and I’d highly recommend it. What follows is somewhat of a book report on the beginning chapters, a look under the hood at what a blockchain is.
The term blockchain has been floating around both the tech and finance communities a lot in recent years. But what is blockchain? Blockchain is a digital ledger of all transactions across a peer to peer network. Each user in the network will have a full copy of the whole blockchain, which includes data of all […]