We aim to bring clear and concise illustrations on everything Blockchain. Initiative by @bsuichies and @hnldesign.
Tip jar @ 3KyyDV6Jj9qjs7XHW1fBdjEBZrQaw6n4gN
As Etehereum made ‘the merge’, let’s refresh our minds: what is, in laymen’s terms, proof of stake? Check out our short write-up on it: https://t.co/JlCoEvhy8P #EthereumMerge#Etherum
I just posted an article that I started working on three years ago. Today, I finally finished it.
For most, it's very dry, boring stuff, and bloody long; over 17 minutes reading time, but I'm nevertheless chuffed with the result.
https://t.co/mMwQfTOuFr
We have created a Blockchain ‘simulator’ in JavaScriptwhich runs in a web browser, to help explain how blockchain technology works!
https://t.co/4mvrAg4rjA
The simulator is pausable and can be made to run very slowly (at 1 hash/second), so it is extremely useful and illustrative for explaining how blockchain tech works.
Beta of our JavaScript #Blockchain#simulator is live: https://t.co/WGsLt4ex0J
Features a miner, memory pool (auto-replenishing) with individual transactions, (self-adjusting) difficulty and overview of blocks. Hash rate = adjustable.
Not mobile-optimized, but should work.
As lots of people are hoping for big (and lots of) green #Bitcoin 'candles' in the coming days, perhaps it's a good moment to look at #candles. What are they, and what do they represent? See our #cryptographic ⬇️
Here's a #Bitcoin/#Blockchain#simulator, built entirely in #JavaScript (alpha preview) that'll hopefully help others understand blockchain basics!
https://t.co/WGsLt4ex0J
1/ This is a massive announcement and a lot to unpack so let’s do it in a concise thread. I wouldn’t be surprised if the news is not reported well by non-crypto reporters.
Today, Facebook announced its own 'Libra' cryptocurrency, which will live on their own 'Libra Blockchain'. It will use Byzantine Fault Tolerance for consensus, with consensus nodes run by "Foundation Members" (such as Visa, Mastercard, Coinbase).
https://t.co/yrjfQpnxTI
Consistency and Availabilty: two features a distributed network can't simultaneously provide; it has to choose one. #blockchain chooses availability, achieving consistency later. CAP Theorem describes this dilemma, and we made a #CryptoGraphic on it: https://t.co/HbXuYoL04X
We specialize at creating #CryptoGraphics: simplified visual representations of complex #Blockchain-related technology. Amongst others, we recently covered CAP theorem. https://t.co/HbXuYoL04X
The network capacity of the #LightningNetwork tripled in the last 30 days, approaching $1M USD. #bitcoin ⚡🎉🙌
Nodes: 2,859
Channels: 10,188
Capacity: 106.32 BTC ( $800,000 USD )
#Schnorr Signatures are likely coming to #Bitcoin, allowing for something called multisig, or rather: multiple signatures represented by a single one. See our CryptoGraphic for an explanation on the impact this could have on (the speed of) Bitcoin: https://t.co/r79fGip13q