Tag: basics

Written by Suraj Naranatt

Consensus in the Blockchain

Blockchains are formed by the creation of a consensus. This means that nodes must eventually agree on a particular history of the blocks which are created. However, on a large blockchain network like the one running bitcoin, consensus between nodes often takes some time, since nodes don’t always have perfect knowledge of other nodes on […]

Written by Suraj Naranatt

Hashing in the Blockchain

In the previous post, I had explained the uses of cryptography in the blockchain. This post provides an overview of the use of hash functions in blockchains. The electronic coin is an essential feature of every blockchain, albeit the exchange of cryptocurrency may not be the use case. Blockchains can be used for other purposes […]