Blockchain 101 \ 4: Consensus
Blockchains are designed with decentralization in mind, operating as an digital ledger maintained by a distributed network of computer nodes. For this reason, blockchain technology allows for the creation of trustless economic systems where transparent and trustworthy financial transactions can be carried out without the need for intermediaries. Cryptocurrencies are being adopted as a viable alternative to traditional banking and payment systems, which rely heavily on trust.
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Blockchain 101 \ 3: Cryptocurrency Wallet
In fact, cryptocurrency wallet or wallet is a tool you use to see your own cryptocurrencies, and interact with them by sending, receiving funds, and tracking balances.
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Blockchain 101 \ 2: Terminology
My darling complains that she doesn't understand some articles because of many new terms, so I created a glossary of terms that she often encounter when learning about blockchain or participating in cryptocurrency trading here.
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Blockchain 101 \ 1: What is Bitcoin?
Yesterday my darling looked straight into my eyes and said "Next year, I am going to invest in cryptocurrency". The way she said so seriously made me unable to refuse. I spent all night telling her my knowledge regarding blockchain, consensus, byzantine, and asymmetric cryptography... and realized one night is not enough. So I decided to write this series so she can read them many times ~~and not get rekt when investing~~.
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