Building a Basic Blockchain in Python. Part 2.
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In Part 1, we built a basic blockchain with blocks, hashing, and chain validation. In this second part, we add Proof of Work mining and a transaction system. Proof of…
May 2015
Consensus Algorithms in Blockchain. Proof of Work.
One of the most fascinating problems in distributed systems is achieving consensus — getting all nodes in a network to agree on the same state — without a central authority.…
Building a Basic Blockchain in Python. Part 1.
One of the best ways to understand how blockchain technology works is to build one yourself. In this first part of a two-part series, we’ll build a simple blockchain from…