标签存档： Blockchain Technology

Pitfalls of proof of stake consensus part 2

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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.

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The value of digital currencies in South American countries

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By Wirba Brice Divine Ransinyuy. [email protected] Living in the scope that the world is fending on several things in order to make the livelihood of mankind much better is not something easy as some continents are still far backward. This is notably the case with the African and South American countries. These continents have been […]

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Online payment system made easier through cryptocurrency

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By Wirba Brice Divine Ransinyuy. [email protected] Cryptocurrency is something which we couldn’t imagine happening in the 21 century as it comes at a time when the world is plagued by different crisis such as climatic changes, economic crisis, political crisis, social crisis with each affecting the stability of the world in its own way. Can […]

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Living in the time governed by technological advancements and innovations

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By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated It is difficult to be living in this world without being influenced by technological advancements. The human has now the challenge to get itself along with these technologicals as they are designed for own good. They are there to render life quite […]

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How Africa can immensely benefit from blockchain technology (part 3)

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In this article, we will discuss how Africa can still benefit in other areas such as credible voting.

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Proof of work, a “weak” but desired protocol

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The proof of work protocol has been in use for some time and notably for good reasons. Despite its deficiencies in terms of delayed transaction processing speeds, proof of work is considered a deliberate design meant to win the trust of network users. How so?

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A Life-changing opportunity. Finmail

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By: Jerry Moses. [email protected] Dar Es Salaam, Tanzania, December 9, 2019. If someone took a look at your resumè, would they really know who you are? How about in a thirty-minute interview? Even if it started off with the classic “Tell me a little about yourself” line, you’re still not much more than a stranger. […]

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End of global resolution when another country introduces its cryptocurrencies

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Cryptocurrencies have experimented with the use of blockchain for international payments. But countries benefit the most from the use of equality. It is state-sponsored and a fully decentralized digital currency like Bitcoin cannot compete with it.

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The three pillars of a distributed system

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By Lumai Mubanga. [email protected] In a previous article, I pointed out that distributed systems are the foundation of the bitcoin/block chain technology. It is now common knowledge, despite many current debates for and against this technology that the world is at a verge of a major breakthrough in technological advancement. For example, think for a […]

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The impact of crptocurrency in today world’s economy

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By Wirba Brice Divine Ransinyuy. [email protected] Cryptocurrency is a form of digital currency that uses cryptography for security and anti-counterfeiting measures. It can also be known in normal terms as a digital or virtual currency which aims as a medium of exchange. In the other hand, cryptography involves the use of codes to solve an […]

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