Now everyone is talking about bitcoin, blockchains, its impact on the world economy, etc.. We can find lots of articles on the internet telling us when blockchain first appeared, the way blockchain works, its perspectives for the future. In my article I tried to look deeper and analyze different types of blockchains, their advantages and… Continue reading Differences and advantages of public and private blockchains
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. That allows you to almost fully implement the ideas of the Bitcoin 2.0 platform. The project was first introduced in January 2013 at the Bitcoin Conference in Miami. The official… Continue reading Ethereum: The Next Big Thing?
First there existed e-cash, which then grew into Bitcoin. Since then an entire new world of currency has emerged known as crypto currency, which is a virtual, decentralized currency system that actually only exists as a computer file with transactions recorded in a ledger. It’s an Internet-based system of money that goes beyond traditional currency… Continue reading Popular Bitcoin alternatives you may not know about
Bitcoin: from idea to successful business The idea of creating an international virtual currency was first described in 1998 when the messages from Wei Dai and Nick Szabo were published. The currency development began in 2007, the file with description of the principle of project’ operation «Bitcoin: Peer-To-Peer Electronic Cash System» was published in 2008.… Continue reading Bitcoin: new future for e-commerce?