BlockShots: Blockchain Simplified

Central bank digital currencies broadly refer to the digital versions of fiat currencies.The fiat currencies are issued by the central banks of respective countries. These currencies are issued based ...

30 Touko 20225min

Financial services are generally based on transfer of funds between parties. For example, when we borrow money from banks that money is deposited by someone. They earn interest for depositing their mo...

23 Touko 20224min

Decentralized Finance is more of a field comprising platforms, standards, and applications focused on providing financial services using decentralized technologies.Generally, when it comes to traditio...

16 Touko 20225min

Every transaction in a blockchain is signed by the sender. The signing of transactions is done using cryptographic signing algorithms, as described in episode 6 of the podcast.In some scenarios, to pe...

21 Syys 20204min

One way of doing crowdfunding for software projects is an Initial Coin Offering, better called ICO. In blockchain applications, the developers create tokens so that their users can spend them to use t...

14 Syys 20204min

Tokens are digital assets representing a user’s right to use a system/service/application or to participate in a process based on blockchain.Tokens are similar to cryptocurrencies in terms of issuance...

7 Syys 20204min

In this episode, we understand what is proof of stack consensus and how it compares with proof of work.Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on...

31 Elo 20204min

In this episode, we understand what is proof of work and what it solves. We also understand how and why it is used in blockchains. This is a public episode. If you would like to discuss this with othe...

24 Elo 20204min