Consensus Algorithms in Blockchain. Proof of Work.
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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.…
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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…
Bitcoin: Checkmate to the Financial System?
When Satoshi Nakamoto published the Bitcoin whitepaper in October 2008, the world was in the middle of the worst financial crisis since the Great Depression. The timing was not coincidental.…
The Crypto Anarchist Manifesto by Timothy C. May
In 1988, Timothy C. May wrote a remarkable document called The Crypto Anarchist Manifesto. Like the Communist Manifesto that begins “A spectre is haunting Europe,” May’s manifesto begins: “A specter…