Smart Contracts

Smart Contracts

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“A smart contract is a computer program that directly controls some kind of digital asset… The smart contract approach says instead of a legal...
hard fork

Forks

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“A ‘hard fork’ occurs when a new rule is introduced, one that is no longer compatible with old software. If you do not join...
Consensus Mechanisms

Consensus Mechanisms

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In cryptography, there is a theory that states that anything that can be done with a central party, can also be done without a...
Cryptocurrency Mining in Theory and Practice

Cryptocurrency Mining in Theory and Practice

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“The purpose of mining is not the creation of new bitcoin. That’s the incentive system. Mining is the mechanism by which bitcoin’s security is decentralized.” Andreas...
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