Knowledge base
Popular PostsWhat Is a Hash Function?
What Is a Hash Function?
Hash functions are mathematical functions that take an input of any length and transform it into a fixed-length character string. They’re a staple encryption tool in cryptogr
popular
8 minsBlockchain Trilemma: The Ultimate Guide
What is the Blockchain Trilemma?
The Blockchain Trilemma is a theory, proposed by Ethereum founder Vitalik Buterin, stating that blockchain networks can’t be secure, decentralized, and scalable all a
popular
6 minsWhat are Payment Channels?
Payment channels are a unique solution to the scalability problems decentralized blockchains face; they allow for faster and more efficient transactions.
What are Payment Channels?
Payment channels ar
popular
3 minsASIC-Resistance, is it possible?
ASIC-Resistance describes the ability of a blockchain's mining algorithm to resist implementation of specialized hardware called ASICs (Application-Specific Integrated Circuits). ASICs are specificall
pow
3 minsZK-Rollups vs. Optimistic Rollups: What’s The Difference?
Rollups are powerful blockchain scaling solutions that have become very popular over the last two years. There are two types of rollups: zero-knowledge rollups (ZK-rollups) and Optimistic rollups, whi
scaling
7 minsWhy Is Proof-of-Work Required in Bitcoin?
Proof-of-Work (Proof-of-Work) is a consensus mechanism employed by blockchain networks, most notably Bitcoin, to validate transactions and create new blocks. It requires participants, called miners,
pow
3 minsWhat Is the UTXO Alliance?
The UTXO Alliance is a collaborative initiative that brings together individuals and organizations working towards making the UTXO (Unspent Transaction Output) model more scalable, secure, and intero
utxo
1 minsWhat Is Nakamoto Consensus?
Nakamoto Consensus, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is a Byzantine Fault Tolerant (BFT) consensus mechanism that combines Proof-of-Work with the "longest chain" rule
pow
5 minsWhat Is a Hash Function?
What Is a Hash Function?
Hash functions are mathematical functions that take an input of any length and transform it into a fixed-length character string. They’re a staple encryption tool in cryptogr
popular
8 minsWhat is a 51% Attack in Cryptocurrency?
What Is a 51% Attack and How Does It Work
A 51% attack is an attack on a cryptocurrency when а miner or group of miners successfully hijacks and controls more than 50% of a blockchain's hash rate. By
blockchain
5 minsWhat Are Optimistic Rollups? Everything You Need to Know
Optimistic rollups are Layer 2 scaling solutions designed to offload some of the transaction processing from the underlying Layer 1 blockchains they're built on to increase their transaction throughpu
scaling
7 minsUTXO vs. Account-Based Blockchains - Benefits and Drawbacks
UTXO (left) vs. Account-Based (right) can be imagined like cash transaction vs. bank transfer
The UTXO and account-based models represent the two most popular bookkeeping methods in the blockchain sp
utxo
5 minsThe UTXO Model Explained
The Unspent Transaction Output (UTXO) accounting model plays a critical role in the functioning of Bitcoin and other UTXO-based cryptocurrencies. It ensures the accurate tracking of coin ownership ch
utxo
3 minsLayer 1 vs. Layer 2 Blockchain Networks: What is the Difference?
Layer 1, in the context of blockchain networks, refers to the base layer chain where transactions are settled with finality. On the other hand, Layer 2 networks are scaling solutions built on top of
blockchain
8 minsCommon Knowledge Base: Understanding Our Ethos
An essay on time preference and building future-proof blockchains.
The remarkable speed of change in the blockchain industry has increasingly been steering the space toward high time preference thinki
nervos
8 minsBlockchain Trilemma: The Ultimate Guide
What is the Blockchain Trilemma?
The Blockchain Trilemma is a theory, proposed by Ethereum founder Vitalik Buterin, stating that blockchain networks can’t be secure, decentralized, and scalable all a
popular
6 minsWhat are Payment Channels?
Payment channels are a unique solution to the scalability problems decentralized blockchains face; they allow for faster and more efficient transactions.
What are Payment Channels?
Payment channels ar
popular
3 minsASIC-Resistance, is it possible?
ASIC-Resistance describes the ability of a blockchain's mining algorithm to resist implementation of specialized hardware called ASICs (Application-Specific Integrated Circuits). ASICs are specificall
pow
3 minsNervos: An In-Depth Overview of a Blockchain Network Built for Modularity
This article seeks to be the be-all and end-all resource for the underlying architecture and value proposition of the Nervos network.
Nervos is a modular blockchain network built from the ground up to
nervos
24 mins