Tharaka WijesundaraBitcoin address generation and digital signaturesSymmetric and asymmetric cryptography can be compared based on the type of keys that are used for both encryption and decryption.Mar 22, 2023Mar 22, 2023
Tharaka WijesundaraBitcoin block confirmationIn the Bitcoin blockchain, the target hash has been being updated from the genesis block for every 2016 number of blocks.Mar 22, 2023Mar 22, 2023
Tharaka WijesundaraHow does a bitcoin transaction occupy a space in a block?First, the connected node will validate it and notify its peers. Then each receiving node will do the same and notify its peers.Mar 22, 2023Mar 22, 2023
Tharaka WijesundaraInitiating a bitcoin transactionIt’s time to get deeper into the concepts and find out the end-to-end flow of transactions.Mar 22, 2023Mar 22, 2023
Tharaka WijesundaraWho controls the blockchain?There are different types of nodes in the network contributing based on their resource availability.Mar 22, 2023Mar 22, 2023
Tharaka WijesundaraDLT vs Blockchain vs BitcoinThe main concepts behind blockchain appeared in the late 1970s.Mar 22, 2023Mar 22, 2023