Author: Curtis Butturff
Protocols
A protocol in the context of blockchain is a set of rules and standards that…
Ledger (Blockchain)
A ledger in the context of blockchain is a digital record of all transactions that…
Double Spend Problem
The double-spend problem is a potential issue in digital currency systems where the same digital…
Federated Blockchain Technology
Federated blockchain technology represents a hybrid approach to blockchain architecture that combines the benefits of…
Private Blockchains
Private blockchains are decentralized digital ledgers similar to public blockchains but with restricted access. They…
Public Blockchains
Public blockchains are decentralized digital ledgers accessible to anyone. They allow participants to make and…
Blockchain Trilemma
The Blockchain Trilemma, a concept introduced by Ethereum founder Vitalik Buterin, highlights the difficulty of…
Seven Principles of Blockchain Design
The seven design principles in blockchain technology are often derived from the foundational concepts that…
Proof of Work (PoW)
Proof of Work (PoW) is a consensus mechanism used in blockchain and cryptocurrency networks to…
Proof of Stake (PoS)
Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to validate transactions…