Archives for bitcoin - Page 2
Decentralized vs. Distributed Database Systems – Blockchain and Bitcoin Databases
Decentralized - The nodes do not need to trust each other (or even know about each other) Distributed - The nodes all trust each other - in a master-slave or…
Getting bitcoind to accept https Requests
Also read Secure bitcoind connections Can bitcoind accept https requests? Bitcoind offers an RPC-JSON server - that can accept http requests. It USED to be able to accept https requests…
Ethereum and Crypto questions for Developers
This is an ongoing list of questions for developer interviews (blockchain and crypto related) If there is NO function on the receiving end of an ether send, what happens to…
Tokens vs. Coins
Coins are currencies in the true sense. They have recognized value outside of a given blockchain project ( they are universally recognized - by humans and other coin ecosystems -…
Bitcoin Transaction Basics
Each transaction contains the following information: Sources (from the address) of the coins to be transferred from The number of coins to be transferred Destinations (send-to address) where coins should…
Why Blockchain? Why not just decentralized protocols? Why Bitcoin doesn’t need consensus anymore
Decentralized Network Protocols ( BitTorrent and Napsters - based on DHTs) have been around even before the advent of blockchain. Why does one need a blockchain based protocol? For two…
How software wallets fleece you on exchange fees
Software Wallets like Exodus and Voyager are convenient but VERY Costly . Two types of fees There are two types of fees in Crypto - the network fees and the…
Altcoin and Bitcoin Trading Pairs – Positive and Negative
Let us take LINK/BTC trading pair. If the LINK/BTC shows a NEGATIVE percent ( -5%) It means that BTC is more POWERFUL than LINK. This would be a good time…
SSL vs. TLS on Bitcoin Exchanges
TLS uses the more secure Key-Hashing for Message Authentication Code (HMAC) to ensure that a record cannot be altered during transmission. SSL simply uses key based encryption and nothing more (no…
Decentralized Domain Names – Why use crypto domains (.crypto and .zil)
On Unstoppable domains, one can register either a .crypto or a .zil decentralized domain. Some advantages of these domains include: No renewal cost (just a one time registration fee). How…