Understanding the Bitcoin handshake using Rust
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A few days ago, I had a brief technical chat with a friend who finds the world of distributed systems fascinating, regarding the Bitcoin handshake process. Although our conversation initially…
blockchain
The King is Dead. Long Live the King. (Truffle, Ganache & Hardhat)
ConsenSys announces the end of Truffle and Ganache, and the arrival of Hardhat. In a significant move in the Ethereum development ecosystem, ConsenSys has officially announced the end of life…
What is a zk-Rollup? A little example in Rust
A zk-rollup is a Layer 2 scalability solution for blockchains that leverages zero-knowledge proofs (ZK) to efficiently process transactions off-chain. By doing so, it reduces the computational load on the…
Tokenomics: Adam Smith’s “Invisible Hand”?
When Adam Smith wrote about the “invisible hand” of the market in 1776, he could not have imagined that centuries later, a new form of digital economy would emerge that…
Thomas Edison Would Have Thought of Blockchain
Thomas Edison was one of history’s greatest inventors — a man who understood that invention is not just about having a great idea, but about relentlessly iterating, failing, learning, and…
The Hobbit to Blockchain. An Unexpected Journey.
“In a hole in the ground there lived a hobbit…” So begins Tolkien’s famous tale, and much like Bilbo Baggins who was dragged on an unexpected adventure, many of us…
Bitcoin, SpongeBob and the Bubble Man — Are You Crazy or What?
Every time Bitcoin’s price goes on a wild ride, the bubble debate resurfaces with a vengeance. Critics point to the parabolic price charts, the media frenzy, and the stories of…
Building a Basic Blockchain in Python. Part 2.
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…
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…