Jump to content




  1. Blockchain News

    News and media services focusing on Blockchain technology.

  2. 58
  3. 55
  4. 4

12 links

  1. Can you imagine your life without digital media nowadays?

    Right from opening our eyes in the morning up to shutting down at night, we are surrounded by the digital world. Maybe some people are not fond of the digital world because they find happiness in a sound of money withdrawn from ATM but that doesn’t mean they can deny the fact that World is rapidly stepping towards innovative technologies, which are used for our ease.

    The blockchain is technology which is going to revolutionalize digital world completely. So we will start from basic about Blockchain.

    Firstly let me tell you, what is Database?

    The database is a collection of information, that is properly organized accessed and stored electronically, simply for computers.

    ex: ATM system’s, Facebook, Gmail, Whatsapp, etc.

    This means almost everything that makes internet and our life powerful. So can you imagine your life without them?

    I know your answer is NO, right?

    You may have heard of some complaints such as – “My facebook/twitter got hacked, someone is reading my messages from WhatsApp and blah blah blah” but, do you ever thought of the technology which is used for security purpose of your data?

    Well, then here comes a concept of Encryption and Decryption.

    It’s a coded language to hide our messages from third parties called as ciphertext. Encryption is a process of converting plain text into cipher text and vice-versa is known as decryption.

    There are certain keys to decode it –

    1) Public Key – To encrypt data

    2) Private Key – To decrypt data

    What is Blockchain ?

    There are two things. A block and a chain. At a very high level, it is just a chain of blocks. Since it’s inside computers, We can rule out the physical stuff. Here digital information is divided into blocks and linked together. Wait there is something more. Each of these blocks contains hash. Hash is nothing but a set of characters (eg: 12hyjdfll). It is derived from the information contained in the block.

    Blockchain was first developed to provide an alternative approach to payments, by using cryptographic methods to provide an alternative trust mechanism between two transacting parties, but now it is used for a wide variety of transactions.

    The blockchain is a distributed database in which all transactions are stored in blocks. It is also a digital ledger that can be programmed to record anything. Blockchain gives you a trustworthy way to store the data. Anonymously transactions over the internet take place, for eg., Medical record stored, are accessed by only those who allowed. Data is stored in a blockchain as a shared and continuously reconstructed database. Since there is no decentralized database, it would be difficult to hack and corrupt the data. Data is hosted by millions of computer simultaneously and is accessible to anyone on the internet. Hence it is fully public and easily verifiable.

    Some of the features of Blockchain are-

    1) The blockchain is durable and robust.

    2) It is not controlled by a single entity and therefore has no point of failure. Whatever failure occurs is due to mismanagement from the part of humans.

    3) It is highly transparent and incorruptible.

    Why Do you need blockchain?

    No middle man/network/third parties like bank

    Digital assets

    Common shared database

    Trustless environment

    Working with multiple parties

    Large storage unit

    Contractual solution

    If you need control over functionalities, the private blockchain is perfect for you, else you can go for public blockchain.

    Blockchain can now replace the central administrative system and make everything fair without trusting ‘middleman’. You may think that so many people seeing your record, won’t they able to change it?

    Well No! Once a transaction block gets added to the ledger system, no one able to alter it. That’s why every node on the network verifies the transactions thoroughly and after it matches with every other node the interaction and gets added to the list.

    So now let’s go back in history and see how blockchain came into the picture.

    1991- Cryptographically secured chain of blocks.
    1998- Decentralized digital currency
    2008- Blockchain concept by Satoshi Nakamoti
    2009- Bitcoin
    2014- Mainstream term
    2017- Race is on! Blockchain development.
    It runs some of the important topics:

    1) Distributed

    2) Peer to peer network

    3) Private key cryptography

    4) Proof of work

    5) Proof of stake

    What is the block?

    Block basically consist of –

    1) Data

    2) Resulting of Hash

    3) Nonce

    eg- Let’s consider one message, it’s hash and nonce.

    Message: “Peter is certified”

    Hash: 00004575ae3e1d026f6126130b38b8934623ecf13be20d58d5b50a2b5722c4f7

    Nonce: 5698

    Here in the above example, If we change anything in message hash get changed and it will give an error. So we need to rerun the hash algorithm to get new nonce.

    Blockchain always comes with a knowledge of cryptocurrency –

    Cryptocurrency is a currency that can only be accessed by digital currency.

    Cryptocurrency wallet development is a software program that is designed to manage your crypto assets. It stores your public and private key. It is a software program that stores the public and private key and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance.

    Cryptocurrency wallets are a digitally secured system that allows sending, receiving and management of cryptocurrencies and make the process easier and secure.


    Whenever you need to know about the blockchain concept, you must know about all the technologies related to it thoroughly. As we have gone through the various basic concepts regarding Blockchain, we can come to a conclusion that, Blockchain is going to create a great impact on the world in the future. So it’s definitely a technology which we can invest and rely on to.

       (0 reviews)

    0 hits   123 views

    0 comments   0 Reviews


  2. Blockchain and Bitcoin are two such words which are often used conversely. There is a misconception that both are the same technologies. Of course they are very much related but they are not the same, they are different from each other. Blockchain’s very first application was Bitcoin. Bitcoin is nothing but a cryptocurrency. In fact, bitcoin is powered by blockchain. The term cryptocurrency is a kind of digital currency. We can use this cryptocurrency as a digital money. There are many cryptocurrencies available such as Litecoin, Monero, Ether, ZCash etc., which are also very popular, but ‘Bitcoin’ is the most popular one. When you do some deep study of Bitcoin you will come to know that the word Bitcoin has several elucidations. The word bitcoin starting with a small letter ‘b’ represents token or the digital currency. Whereas, the word Bitcoin with capital letter ‘B’ represents blockchain network that maintains a ledger for the digital currency ‘bitcoin’.

    Bitcoin allows you to transfer assets all around the world using Blockchain technology. We can also call it as a decentralized electronic payment system. Bitcoin was first discovered by Satoshi Nakamoto. It is a pseudo name given to the inventor of Bitcoin. His identity is still a mystery. Satoshi Nakamoto eliminated the problem of “double spending” for digital currencies. It may interest you to know that before bitcoin there were many attempts made to develop a digital currency system which is prone to all kinds of attacks but they all failed miserably. So Bitcoin came to the rescue here.

    Bitcoin is a distributed Ledger management system which is unambiguous and secure. The main purpose behind invention of Bitcoin was to completely discard the involvement of third party intermediaries like governments and brokers. Lets take an e.g., bank charge us for all the services it provides. Whenever you perform any fund transfer they charge you some percentage of amount. It seems a very minor amount to you, but if we imagine a broader scenario where, a very large amount or combined amount of certain number of transactions is considered then in that case the amount charged is very huge. Hence there was a necessity to discard this third party involvement.

    Satoshi Nakamoto released a whitepaper in 2008 in which he stated the issue of double spending and how digital financial transactions were still depending on third parties for it. He created a unique solution in order to prevent double spending. That solution is known as Blockchain Technology. Blockchain Technology is nothing but a global public ledger which tracks each and every transaction. All transactions has to be individually approved by miners. If miners successfully approves those transactions, then only those record will get added to blockchain. For performing successful transaction validation, miners get rewarded a certain amount of Bitcoin. In this manner, we do not need any third party to keep track for double spending. Every transaction is verified by miners to make sure that no one is spending Bitcoin more than once. If such attempt is made by using same bitcoin input in same block, then those two transactions will not get confirmed on the network. Hence double spending gets completely eliminated.

    Blockchain is open, verifiable yet secure technology. Anyone on the network can look over to any transaction up to the genesis block. But if any attempt to change the block is encountered, then the hash value will change. And subsequently the verification fails. Blockchain trade currencies like bitcoin and is also used for other purposes like maintaining voting records, asset management, medical data, government data and so on. Blockchain provides security because, the transaction done is not stored at one site. If done so there is a high risk of single point of failure. Instead, the transaction is placed across different sites because of which single point of failure is avoided and data remains safe. The verification of data is performed on regular basis on each node. Blockchain is durable, robust and transparent.

    Coming to the conclusion, Bitcoin is a cryptocurrency which is necessary to transact on a blockchain. Bitcoin was the very first cryptocurrency used by blockchain. But since then many other cryptocurrencies were also invented. Cryptocurrency and Blockchain go hand in hand. They aim in transforming our digital future.

       (0 reviews)

    0 hits   97 views

    0 comments   0 Reviews


  3. Cryptorio is a modern and elegant Dashboard Templates, build for ICO Agencies and digital bitcoin & cryptocurrency investment website. Every crypto business and their ICO have different crowd sales process for token sale. If you are working any type of Digital Cryptocurrency business and Blockchain Consulting and Development Firm for every industry then Cryptorio is the best Blockchain technology PSD template to launch your website. Cryptorio a perfect choice for your Crypto business with better UI and UX.

       (0 reviews)

    2 hits   320 views

    0 comments   0 Reviews


  4. We are committed to helping government and public sector people & organizations understand, implement and benefit from blockchain related technologies and capabilities. We do this by making blockchain related resources available to government and public sector consumers.

    Government Blockchain Association (GBA) is a membership organization that consists of individuals and organizations that are interested in promoting blockchain related solutions to government requirements.

    IMPORTANT UPDATE FOR GBA: The current trajectory of about eight hundred and fifty members suggests that we’ll be at one thousand very soon!

    Members are encouraged to join a working group and contribute to blockchain solutions for the public sector. (Working group participation is a key part of the list of member benefits).

       (0 reviews)

    1 hit   498 views

    0 comments   0 Reviews


  5. The Blockchain Association (BAC), formerly the Bitcoin Alliance of Canada, has been the voice of Blockchain technology in Canada since 2013. We speak for an industry that aims to touch the daily lives of Canadians in every corner of the country — by providing jobs, career opportunities, and by investing in the communities we serve.

    BAC is a not-for-profit, industry-funded association representing one of the fastest growing industries on the planet.

    BAC is a strong advocate for Blockchain Technology in Canada and works with all levels of government and other stakeholders to support employment growth and career opportunities in Blockchain technology, to promote and sustain community development initiatives from coast-to-coast, and to enhance consumer safety and industry competitiveness. BAC also provides its members with a full range of services and programs including education and training, benchmarking and best practices, networking, advocacy, and industry information.

       (0 reviews)

    1 hit   449 views

    0 comments   0 Reviews


  6. We're a student-run organization at UC Berkeley dedicated to serving the Berkeley and greater East Bay crypto and blockchain communities. Our members include Berkeley students, alumni, community members, and blockchain enthusiasts from all educational and industrial backgrounds.

    Our team consists of undergraduates from a variety of backgrounds: Electrical Engineering and Computer Science, Economics, Business, and more.

       (0 reviews)

    1 hit   496 views

    0 comments   0 Reviews


  7. Grassroots Blockchain Education.
    For students, by students.
    BEN is made up of students and alumni across the world who are creating bitcoin and blockchain clubs on their academic campuses. By exploring this socioeconomic experiment within the safety of their peers, students build new expectations and innovations. In aggregate, the combined effort of all these clubs creates a rich web of interconnected blockchain hubs across the world. Impact global evolution through local your initiatives.

    How is BEN organized?

    Local First
    BEN is organized bottom up. Student blockchain clubs who share our vision are welcome to register as a chapter and use our network's connections and resources to amplify local impact.

    Chapter Clubs have complete self-autonomy and are free to participate (or not) in global events. BEN moves forward by inspiring Chapters to join global initiatives through providing local benefit and explaining the international impact.

    Janitors, not Managers
    BEN administrative roles are run by volunteers who organize opportunities for the network to seize. Roles are designated to recognize those already taking informal initiative, yet does not give authority over Chapter Clubs. The BEN staff exists to simplify Chapter access to resources and amplify Chapter initiatives.

    Regions are encouraged to have multiple region heads to create organization resiliency. If your region already has a Head, ask if they need help!

    Swarm Do-acracy
    BEN is organized as a swarm to overcome conflict and to focus the efforts of members with varying opinions. The network benefits from multiple people trying things in different ways to share their results for others to improve upon. Thus if you don't like how something is being done, you vote by doing what you think is better. No one has the authority to limit or control the efforts another. Chapters have self-autonomy within their own organizations.

       (0 reviews)

    1 hit   638 views

    1 comment   0 Reviews


  8. Open-Source Blockchain Solutions for Business

    We design and develop open-source products and services to drive business value from the Neblio blockchain network.

    Our Vision

    Neblio was born out of the need for simple and intuitive tools and solutions to drive the adoption of blockchain technology in the enterprise space. We are working on tools, services, and APIs that will simplify and revolutionize the way that businesses deploy next-generation applications on the Neblio Blockchain Platform.

       (0 reviews)

    5 hits   954 views

    0 comments   0 Reviews


  9. Zloadr is a blockchain publishing platform designed to distribute content and grow income for content creators around the world.

    To better understand Zloadr's offerings and what the paltform is about, check out the solutions/features under each tab, that fit your pofile as a user

       (0 reviews)

    0 hits   490 views

    0 comments   0 Reviews


  10. Po.et is a shared universal ledger designed to track ownership and attribution for the world's digital creative works.

    A Blockchain platform designed for media applications

    Because Po/et uses blockchain technology, it has no single point of failure, owner or administrator. It is an open network that anyone can use.

    Our open plugin architecture allows for a vibrant ecosystem of DApps, plugins and improvements to be built on top of the Po.et network.

       (0 reviews)

    3 hits   696 views

    0 comments   0 Reviews


Cryptocurrenytalk Logo


News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Blockchaintalk is your source for advice on what to mine, technical details, new launch announcements, and advice from trusted members of the community. Cryptocurrencytalk is your source for everything crypto. We love discussing the world of cryptocurrencies.


  • Create New...

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.