BLOCKCHAIN FOR NEWBIES
There’s a ton of hype around blockchain. I’ve read that blockchains can erase global hunger, make the world corruption-free, end poverty and do a lot more without breaking a sweat.
Never before has a “back-end” technology gotten so much print space in public media.
Let's cut through the hype and understand Initial Coin Offerings (ICOs) by creating one ourselves programmatically! We'll first learn about Bitcoin & Ethereums architecture to prepare us for the smart contract creation process. Our DemoCoin ICO will be built using tools from the Ethereum developer ecosystem.
Fees have been extraordinarily high this past week, and this article aims to clear up misconceptions and help users make smarter decisions in setting the right fees for their transactions.
With Ethereum entering the Metropolis phase, it is going to introduce various changes which are going to make it more abstraction and privacy friendly. One of those changes is the introduction of “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge” aka Zk-Snarks. Zk-Snarks runs on the idea of zero knowledge proofs.
In this article, we are going to go through the idea of zero knowledge proofs and its application in the blockchain technology.