Blockchain Technology

Pitfalls of proof of stake consensus part 2

5 月 5, 2020/1 评论/通过： Mubanga LUMAI

All types of computer systems are vulnerable in one way or another. For example, the proof of stake algorithm was introduced to solve a specific challenge in the proof of work algorithm. But there are specific attacks unique to PoS. These are long-range attack and stake grinding attack.

Blockchain can give the world three ways to deal with the climate crisis (Part 1)

7 月 22, 2020/0 评论/通过： salman khan

Imagine a blockchain-based climate organization called Smart Deal that facilitates communication between states and companies. These agreements are parts of computer code that work on blockchain, so they cannot be enforced.

Implications of blockchain design models (Part 1)

8 月 12, 2020/0 评论/通过： Mubanga LUMAI

Blockchain designing principles have direct implications on the way the blockchain will scale, operate and interact with users. To a larger extent, the chosen design perspective determines how many users can use the blockchain at a given time and how fast transactions can be processed.

Can cryptocurrency be legal tender?

9 月 27, 2020/0 评论/通过： Mubanga LUMAI

by Lumai Mubanga Legal tender is usually government-issued and controlled. It is regarded, as a national assert recognized and used as legal tender in other neighbouring countries. Legal tender is also regarded as national pride and a sign of sovereignty. Some more powerful legal tender currencies like the US Dollar are also used as reserve […]

Brave web browser and crypto rewards

4 月 23, 2020/0 评论/通过： Mubanga LUMAI

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 power of ethereum

8 月 16, 2020/0 评论/通过： Mubanga LUMAI

Have you ever realized the power of Ethereum? In this article, we will discuss a few applications that the Ethereum blockchain is being used for. With more than 300, 000 developers across the world developing applications using more than 10, 000 nodes, Ethereum’s power is only beginning to be felt.

Early Bitcoin – A string of bad history

4 月 2, 2020/0 评论/通过： finmail

By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]

Can hyperledger surpass bitcoins?

11 月 22, 2020/0 评论/通过： Mubanga LUMAI

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?

Desperately search for Satoshi Nakamoto’s Bitcoin

9 月 27, 2020/0 评论/通过： dahiza umar

In 2008, a claimant Satoshi Nakamoto submitted a paper outlining the implications of becoming the world’s largest digital cryptocurrency, Bitcoin. But who is the mysterious writer? Who is Satoshi Nakamoto?