Bitcoin Blockchain Explorer and Genesis Block: Birth of Bitcoin
Did you ever hear the word of Blockchain Explorer? Let’s understand it but first learn the scenario! Imagine you’re in a bustling market where everyone can trade goods without needing a central authority like a bank to oversee the transactions. Instead, a public ledger keeps a record of all transactions, ensuring transparency and trust among […]
4 Pillars of Crypto: Algorithms, Blockchain, Mining, and Staking
The Journey into Crypto Mining: Digging into Digital Gold Imagine you’re a treasure hunter, sifting through the earth, seeking gold. The excitement of finding those shiny nuggets is exhilarating, isn’t it? Now, let’s switch our scenery from dusty mines to the digital realm. Instead of a pickaxe and shovel, you have a computer and some […]
Guarding the Blockchain: Understanding and Preventing 51% Attacks
Imagine you’re playing a game of Jenga with a group of friends. Each block you carefully stack represents a piece of the game’s history. The taller the tower gets, the more secure and unchangeable the lower blocks become because they are buried under a growing pile of more recent blocks. This is much like how […]
Blockchain Explained
Imagine you’re part of a huge international book club. Members from all over the world read and exchange books, and every time a book is lent or returned, the transaction is recorded. Instead of relying on a single librarian to keep track of all these transactions, what if every member of the book club kept […]
Origin of Bitcoin
Bitcoin: Understanding the Digital Gold In the modern era, where everything from your morning coffee to your evening commute is influenced by technology, Bitcoin represents a revolutionary step in how we think about money. Imagine a world where you could send money across the globe without waiting for bank approvals, paying hefty fees, or worrying […]
