Author: Curtis Butturff

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Protocols

A protocol in the context of blockchain is a set of rules and standards that…

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Ledger (Blockchain)

A ledger in the context of blockchain is a digital record of all transactions that…

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Double Spend Problem

The double-spend problem is a potential issue in digital currency systems where the same digital…

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Federated Blockchain Technology

Federated blockchain technology represents a hybrid approach to blockchain architecture that combines the benefits of…

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Private Blockchains

Private blockchains are decentralized digital ledgers similar to public blockchains but with restricted access. They…

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Public Blockchains

Public blockchains are decentralized digital ledgers accessible to anyone. They allow participants to make and…

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Blockchain Trilemma

The Blockchain Trilemma, a concept introduced by Ethereum founder Vitalik Buterin, highlights the difficulty of…

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Seven Principles of Blockchain Design

The seven design principles in blockchain technology are often derived from the foundational concepts that…

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Proof of Work (PoW)

Proof of Work (PoW) is a consensus mechanism used in blockchain and cryptocurrency networks to…

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Proof of Stake (PoS)

Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to validate transactions…