Blockchain Blogs

While working on Blockchain platform, we implicitly go down the road to Ethereum without even knowing. It has become a vast platform for blockchain enthusiasts who wish to do some work in blockchain as it is an open source platform. Ethereum  is an open-source decentralized shared  blockchain platform for building completely synchronous and secure Distributed-applications as well as cryptocurrencies .  Ethereum is considered to be one of the pioneer platforms in  distributed ledger  and blockchain technology. Ethereum provides a decentralized  Turing-complete  virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using the global network of peers. Ethereum was proposed in late 2013 by  Vitalik Buterin , a cryptocurrency researcher and programmer. Ether (ETH) is a cryptocurrency developed by Ethereum Foundation whose price as of today is $847 and total numbers of coins present are about 98 ...

I got an opportunity to take a closer look at ERC standards, analyze and compare them. I believe that the information below would be helpful for every investor and ICO entrepreneur to understand what exactly ERC standards are. This article sheds light on tokens and explains the features and functions of ERC standards to provide an understanding of what token contracts are and how developers can work with them. ERC  stands for  Ethereum Request for Comments . It describes the functions and events that an Ethereum token contract has to implement. It is authored by Ethereum community developers in the form of a memorandum describing methods, behaviors , research, or innovations applicable to the working of the Ethereum ecosystem. This is an official protocol for proposing improvements to the Ethereum network . After core developers and community approval, the proposal becomes a standard. The ERC standard defines an interface, which is the name of the functions as well ...

Blockchain , an open, accessible and fair-financial future. It is revolutionizing the financial services industry empowering millions across the globe to authenticate and transact without costly intermediaries. Blockchain can be categorized as follows: These categories can be further compared with Consortium which is an association of several companies. Public vs. Private vs. Consortium Public Private Consortium Permissionless Permissioned Permissioned Authority No centralized management Single organization Multiple organizations Access Open read/write Permissioned read and/or write Permissioned read and/or write Speed Slower Faster Faster Security Proof of Work Proof of Stake Other consensus Mechanisms Pre-approved participants Voting or...