Our guides explain what blockchain is, how it works, and how it can be used in everyday life.
Even though the definition may seem a straightforward concept, still it’s not as easy as it looks. Let’s consider the fact that we all know who we are, but when it comes to others, they’ll need some form of a parameter to identify us. It could be our name or our face or any...
That’s it for the list of top Blockchain questions for beginners. Let’s move to the next section of intermediate Blockchain Technology interview questions. Intermediate Blockchain Interview Questions 33. What are Block Identifiers? A blockchain has a unique identifier for each block. The hash ...
Blockchain terminology: A glossary for beginners Pros and cons of blockchain for ERP Key concepts of public vs. enterprise blockchain Current blockchain storage projects BitTorrent, Filecoin, Sia and Storj are among the decentralized storage networks using blockchain. ...
Blockchain technology offers a number of unique advantages over other systems that make it such a perfect fit for gaming. Firstly, there’s the transparency angle. In blockchain systems, data is written automatically to a distributed ledger, which by definition provides an immutable, trusted source...
Smart contract testing:These are software modules on the blockchain that have specific conditions and business logic for the transactions. Load:Load becomes a major parameter in blockchain applications. Bitcoin has a max throughput of 3-4 transactions per second. Need to test what will happen if...
By definition, a fungible asset is a type of asset that is interchangeable with other assets of the same type. Currency is a fungible asset. After borrowing a $100 bill, the borrower can return the amount either in a combination of bills of different denominations or in a different $100 ...
Some argue that a Metaverse's definition necessitates a heavily decentralized platform based primarily on community-based standards and protocols (similar to the open web) and an "open source" Metaverse OS or platform (though this does not rule out the presence of dominant closed platforms in the...
What Is Blockchain for Beginners? A blockchain is a collection of files (blocks) chained together by encrypting data in one block and inserting the result into the next file. Each block is encrypted this way, which chains them together and makes them immutable after a certain number of confi...
it also allows for illegal trading and activity on the blockchain network. The most cited example of blockchain being used for illicit transactions is probably theSilk Road, an online dark web illegal-drug and money laundering marketplace operating from February 2011 until October 2013, when...