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Showing posts from December, 2020

Blockchain Essentials

Top Crypto Currencies Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack or cheat the system. Blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. DAPP (decentralized application) , is a software application that runs on a distributed network. It is not hosted on a centralized server, but instead on a peer-to-peer decentralized network. DAPP = FrontEnd+ Smart Contract backend Backend code is written in an Ethereum specific language, including solidity , Serpent, and Vyper. Top Crypto Currencies Bitcoin Lite Coin Ethereum Top Exchanges Coinbase Binance Wazirx Ethereum wallets Bitcoin are stored in a digital wallet. which exists either in the cloud or on a users computer. Trust Ledger MyCrypto Metamask Blockchain platforms and Frame