Blockchain Technology and Bitcoin Cryptocurrency

Blockchain Technology & Bitcoin Cryptocurrency: Part 2

We went through the building blocks of blockchain technology in Part 1. There are a few other concepts that are integral to blockchain and Bitcoin. Let’s go through them one by one in this second post on Blockchain Technology and Bitcoin Cryptocurrency.

  • Decentralization
  • Distributed Consensus Protocol
  • Double-Spend Attack
  • Proof of Work
  • Incentive Mechanisms (more…)