We have some interesting reads

September 2021

 

Distributed Ledgers are one of the fundamental concepts that Blockchain is built off of. Often both concepts are used interchangeably, however they are different. Blockchain is made of several concepts such as smart contracts, protocols etc. and distributed ledgers are just one of those concepts. In this article we are going to take a look at what distributed ledgers are, its benefits and how blockchain uses distributed ledger technology.

 

When looking at blockchain, the concepts of coins and tokens come up almost all the time. Sometimes both concepts are used interchangeably which is not correct, since they refer to two completely different concepts. In this article, we are going to take a look at what a coin and token actually are, how they differ and how they are used.

 

In a previous article we took a look at blockchain protocols, the building blocks of cryptocurrencies and blockchain. One of the fundamental concepts in blockchain protocols is smart contracts which are in essence, transaction protocols that are executed on a blockchain. In this article, we are going to take a look at what exactly smart contracts are, why they are used and some of the most popular smart contracts out there right now.

 

One of the fundamental concepts of blockchain is protocols. So what exactly are blockchain protocols, why do we need them and how are they used in blockchain? In the IT industry, protocols allow for information to be shared securely between different systems. Protocols define what information can be shared and how the data should be structured in order to prevent malicious activity. Some of the most popular protocols that we are familiar with include the hypertext transfer protocol (HTTP), file transfer protocol (FTP) and even the internet protocol (IP). So what do we mean we talk about blockchain protocols?

 

The concept of blockchain has exploded over the years. We have come to know what it is, how it works and how it can be used to provide your organization with transparency and decentralized transactional processing in your business. A buzzword that has been used extensively when it comes to blockchain is the concept of NFTs. So what exactly are NFTs and how do they work?

 

We have taken a look at what NFTs are, how they are different to cryptocurrencies and how they work. In this article, we are going to look at the NFT marketplaces, crypto wallets and how you can go about using NFT marketplaces.

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