Blockchain - ITWorld-A top-tier website providing authoritative IT technical information.

Jul 05, 2024

Blockchain Foundation - What is Blockchain Technology

The Internet surprised us again with blockchain. We often hear words about cryptocurrency, bitcoin and other crypto related topics. If you want to know, "What is blockchain?" or "How does blockchain work?" you have come to the right place. In this article, we will learn all about blockchain, including its working principle and how to use it in our daily life.

Jun 29, 2024

Why is Ether expanding? What is Layer 2?

Do you find Ether fees expensive and slow? Maybe Layer 2 will be an important solution to the current problems of Ether in addition to other blockchains and ETH 2.0.

Jun 24, 2024

Explanation of the consensus mechanism of blockchain

In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.

Jun 19, 2024

How Polygon is outperforming Ether for three big reasons

The public chain Polygon has more daily active users than Ether, and its overall market capitalization has exceeded the $10 billion mark, and there are three main reasons behind its current success.

Jun 09, 2024

How energy company Powerledger (POWR) is using blockchain to improve the world

Founded in 2016 and headquartered in Australia, energy trading technology company Powerledger aims to improve the efficiency of the energy market and enable peer-to-peer energy trading using blockchain's technology to track, trace and trade energy, with the technology now available in 12 countries.

Jun 08, 2024

Introduction to Blockchain 4.0

The first application of blockchain is Bitcoin. Blockchain has become the promoter of "decentralized currency Internet" by providing power for cryptocurrency. By providing transparency, accountability, immutability and security, the blockchain soon triggered an influx of more cryptocurrencies. Today, we have more than 10000 different cryptocurrencies in circulation.

Jun 06, 2024

Scientists propose quantum proof-of-work consensus for blockchain

A recent study proposes a new blockchain consensus proof-of-work (PoW) scheme that relies on quantum computing techniques to verify consensus.

May 28, 2024

Why blockchain corresponds to the sharing economy

The core of the sharing economy is sharing-based transactions, and blockchain is the decentralized way to achieve the security and transparency of transactions.