BLOCKCHAIN FOR NEWBIES
If the Blockchain frenzy and the hype surrounding it is anything to go by, blockchain is set to revolutionise everything from the way in which we make payments to the way in which we drink beer. I may have made that last bit up – but you get the idea that in and amongst the buzz there are some pretty wild predictions being made! So in this post, I thought it would be useful to take a step back from the hype and understand “what is blockchain?”.
I routinely build web applications that use Ethereum and I think I take for granted the amazing toolset that I use every day. Our ecosystem is growing rapidly and I think a lot of newcomers are feeling overwhelmed. Ethereum is an amazing technology, but it is also nascent and there simply hasn’t been enough time for expertise to sufficiently permeate. I want people to know that Ethereum development is actually very compatible with modern web developer workflows — it’s relatively easy to integrate Ethereum functionality into any web application, and you can start today.
Here are three companies that clearly see many opportunities ahead for this potentially transformative technology, and that are working to incorporate it in their respective fields.
The open source PT-BSC (Blockchain Security Controls) defines a blockchain as a peer-to-peer network which timestamps records by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work.
Here is the list of the most current Blockchain platforms.
Economist and filmmaker Manuel Stagars portrays Blockchain in interviews with software developers, cryptologists, researchers, entrepreneurs, consultants, VCs, authors, politicians, and futurists from the United States, Canada, Switzerland, the UK, and Australia.
The Blockchain and Us is no explainer video of the technology. It gives a view on the topic far from hype, makes it accessible and starts a conversation about its wider implications.