Like all blockchains, Ethereum uses multiple nodes running software on its computers to ensure security and maintain trust. Each node…
Like many ideas in the blockchain industry, the general chaos is shrouded in so-called “smart contracts.”
The new technology implemented by the public blockchain and smart contracts is difficult to understand because the term partially confuses the described…
Today, our bank details, health details, personal and professional data are stored on servers on the Internet. Computational discovery has brought us to the door to an updated, high-processing and computing world. The Internet is the key to all areas of inquiry, education…
Like any other blockchain, Ethereum requires thousands of people running software on their computers to power the network. Every node (computer) in the network runs something called the Ethereum Virtual Machine (EVM). Think of EVM as an operating system that understands and executes…
The Ethereum virtual machine can be considered a quasi-turing machine. Turing integrity refers to the data manipulation rules system, named after the Turing machine…
Ethereum virtual machines focus on providing security and executing untrusted code from computers around the world. More specifically, the project focuses on preventing denial of service attacks, which has become somewhat common in the world of…
With Ethereum, the application does not require an entity to store and control its data. To achieve this goal, Ethereum borrowed from Bitcoin’s protocol and its blockchain design, but adjusted it to support applications that exceeded money.
The legal mechanisms for enforcing compliance with blockchain-based dispute resolution do not exist and may still have speculation for some time. However, in the era of instantaneous global information in our media dynamics, the most effective lever for blockchain…
Participants (block signers) must have a reputation that is important enough to face significant financial and brand consequences if they try to deceive the system. This is a relative concept, because almost all companies suffer significant losses if they are caught…
PoR consistency algorithms can have different variations and parameters to adjust their performance, but the basic idea is simple. Reputation proof “calculated as Rj = SUMit(Ri * Vijt), where Vijt can be implicitly rated as positive…