Proof of stake consensus – why appealing? Part 1
Recently it was announced that the new launch Ethereum 2.0 will adopt the proof of stake algorithm. Why could this algorithm be more appealing?
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Recently it was announced that the new launch Ethereum 2.0 will adopt the proof of stake algorithm. Why could this algorithm be more appealing?
Unlike most advanced economies and systems, Africa lurks far behind in many areas. Few countries really appreciate and trust democratic systems in African countries. This article will discuss the unique challenges faced by many African states and how blockchain may finally overcome some of these challenges.
In part one, we stated that blockchain is not the answer or magic bullet for any challenge or problem. This article considers three more.
The blockchain technology has introduced many terminologies. Common terminologies associated with this include blockchain itself, micropayments, digital currency, and cryptocurrency, halving bitcoins, trust protocols and smart contracts. If you are new to blockchain technology, surely you have a lot to learn. This article will look at smart contracts in simple terms.
With so many cyber-attacks launched against conventional Information systems around the world, resulting in the loss of billions of dollars, many have wondered how secure blockchain really is. This article will provide some insight into how blockchain is designed and secured at the same time.
Tollgates around the world are used as revenue collection points from motorists on behalf of the government. The idea is to prioritize road repair and maintenance without waiting for government budgets. How blockchain can help improve present system works?
To offer added browser selection and security, developers designed the Brave web browser. Designed to mend the “broken web”, brave has not only proved to promote privacy and security to web surfers but it has some incentive’s feature that promotes a win-win situation to both users and publishers. But there is more to that.
The hype is here, the tone is set and the technology is just passing through its infancy into its young adulthood and eventual maturity. At that time we envision blockchain becoming as popular and well understood as the internet is today. Like the internet though, many people were outright skeptical, others optimistic and another group who totally avoided it due to lack of accurate knowledge or merely cultural barriers.
Launched in 2017 by the Linux foundation, hyper ledger has been gaining momentum, perhaps more that bitcoin blockchain. What is it that could be making hyperledger more appealing than its predecessor?
While the developed countries easily adopt these technologies easily because of their educated populace and advanced infrastructure, the developing countries have their own challenges that make them either delay or forego the adoption. This article will highlight the most likely barriers developing countries will likely face in adopting blockchain.
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