Reading Time: 3 minutesWhat is the core technology used by Ethereum and what is Proof of stake? Essentially, POWs and POSs are a way to randomly select the next block uploader. However, creating an algorithm where everyone has the same chance of being selected is very difficult. At the same time, this algorithm only sounds beautiful, but in […]
Read the secret why expert use smart contract
Reading Time: 4 minutesBackground of article The word ” smart contract ” has become a hot topic for everyone talking about “blockchain.” But do you really understand how it works? How is it used in the real world? The principle of “smart contract” is explained in plain English, in a sentence: when the set terms are triggered, the […]
What is bitcoin and what others says.
Reading Time: 2 minutesWhat is Bitcoin? Bitcoin is a digital payment system. This invention was created by an unknown programmer Satoshi Nakamoto. The history of Bitcoin started when Bitcoin released to the open market in 2009. Besides act as a payment system, Bitcoin can be used as a peer to peer payment system. These users can transaction directly without intermediary payment […]