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thalers-r
@thalers-r
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2019-12-07 15:41
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thalers-r
GEMS
6y
Blockchain. What is it? Why is it here?
Blockchain is an invention. Just like the wheel, money, internal combustion engines, internet etc. Every invention was born out of a necessity. Bartering was inefficient so money was invented to solve
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thalers-r
GEMS
6y
A Bitcoin Block, What are the Blocks in Blockchain?
A Bitcoin block is a piece of data that contains certain information. A block is one of many blocks in blockchain which are the chain links and form the Bitcoin blockchain. Approximately every 10 minutes,
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thalers-r
GEMS
6y
Bitcoin's Block Header
The Block Header is one of the 5 elements in a Bitcoin block. Regardless of how many transactions are stored in a block, a Bitcoin Block Header of a Bitcoin block is always 80 bytes and consists of 6 elements
thalers-r
GEMS
6y
Bitcoin's Magic Number
A magic number is a number at the beginning of (or near to beginning) a file that identifies type of a file. It is also called “magic bytes” and/or “file signatures”. It is like a package of a candy bar.
thalers-r
GEMS
6y
!
Low reputation account with an unverified outbound link, Reveal content
Merkle Tree. Why is it crucial for Bitcoin?
Hello everyone ! Before diving into this, if you have not already, I recommend you take a look at what a hash is because having a grasp of what hash is, is essential to fathom merkle tree structures. Merkle
thalers-r
hash
6y
What is a hash?
Ever wondered that what that hash is, you often come by while browsing web or reading stuff. Here is a simplified explanation. Number Bases A hash is just a number. A big number in Base 16. OK baby steps,
thalers-r
hello
6y
Just wanted to say hello as my first post
Hello everyone! I was not going to create a separate post just to say “Hello” but since this will be on blockchain it can be nice token for me in the future because this is my first post. My first post
