Table Of Contents Introduction Key Terms Proof of Work Proof of Stake Comparison of Proof of Work (PoW) vs. Proof of Stake (PoS) Final Thoughts Introduction Proof of Work (PoW) and Proof of Stake (PoS) are two prominent consensus mechanisms used in blockchain networks. While both aim to secure the network and validate transactions, they … Continue reading Blockchain: Proof of Work versus Proof of Stake
Table Of Contents Introduction Understanding Blockchain Data Integrity and Immutability Decentralization and Eliminating Single Points of Failure Enhanced Privacy and Data Protection Consensus Mechanisms: Proof of Work versus Proof of Stake Secure Smart Contracts Challenges and Considerations Final Thoughts Introduction In the digital age, where data is the lifeblood of modern society, the need for … Continue reading Blockchain and Cybersecurity: A Revolution in Data Protection
Table of Contents The First version of the web Web 2.0 The next generation: Web 3.0 The evolution of the web has been a remarkable journey that has changed the way we live, work and communicate. From its humble beginnings in the early 1990s to its current state as a ubiquitous and indispensable part of … Continue reading The Evolution of the Web: From its Humble Beginnings to Web 3.0
Table Of Contents What is Blockchain 3.0? Main issues with Blockchain 1.0 and Blockchain 2.0 Blockchain 3.0 to the rescue! Now-and-into-the-Future What is Blockchain 3.0? Blockchain 3.0 is an umbrella term for technological innovations solving significant problems with Blockchain 1.0 and Blockchain 2.0. To refresh your memories, Blockchain 1.0 arrived in 2009 when Satoshi Nakamoto … Continue reading Blockchain 3.0: The Future of Blockchain and Beyond
History of Blockchain Technology In The Beginning The conceptualization of blockchain technology goes back 40 years when David Chaum first proposed a blockchain-like cryptographic protocol in a dissertation called “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups” (Sherman et al., 2019). Nearly a decade later, Stuart Haber and W. Scott Stornetta, who worked … Continue reading A Brief Guide to Blockchain
