Episode 9 - What is Blockchain Wallet?

Episode 9 - What is Blockchain Wallet?

In contrast to the physical wallet in which we keep currency notes, a digital or blockchain wallet does not hold digital currency. Instead, the wallet holds the cryptographic keys so that they could be used in a convenient manner.

A more widely accepted definition of a blockchain wallet is a software program or a hardware device that could be used to store cryptographic keys associated with one or more blockchain accounts.

In this episode, we explore wallets and how they work.



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.blockshots.net

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Episoder(116)

Episode 116 - Parallel Execution in Blockchains

Episode 116 - Parallel Execution in Blockchains

Traditionally blockchains execute transactions sequentially. Some of the newer chains have been trying parallel execution of transactions to improve blockchain performance. In this episode we understa...

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Episode 115 - Real World Asset Tokenisation

Episode 115 - Real World Asset Tokenisation

In this episode we understand what are real world assets and why they are being tokenised. What are real world assets?Any thing of value that has been generated or created in the real world before bei...

8 Apr 20244min

Episode 114 - The Dencun Upgrade

Episode 114 - The Dencun Upgrade

After a brief break, we are back with new episodes.Ethereum recently upgraded to a new update called Dencun. In this episode we understand what this update is and how it is important.9 different updat...

1 Apr 20244min

Episode 113 - What is Restaking?

Episode 113 - What is Restaking?

Restaking is staking of already staked tokens. But how is the possible?If tokens are staked for one purpose — providing econoimic security for consensus of a network — they could be further staked to ...

12 Feb 20243min

Episode 112 - Modular Blockchains

Episode 112 - Modular Blockchains

Modular blockchains has been one of the buzz words in the last year. In this episode, let’s understand modularity in blockchains.In the beginning, consensus and execution were part of the same blockch...

5 Feb 20244min

Episode 111 - What are Altcoins?

Episode 111 - What are Altcoins?

In this episode, we understand what are altcoins?Altcoin was first used for any coin other than bitcoin. But the definition has evolved a bit among different circles in the crypto land. Listen to the ...

29 Jan 20242min

Episode 110 - Orphan or Uncle Blocks

Episode 110 - Orphan or Uncle Blocks

In this episode, we understand what are orphan or uncle blocks. This is more of a Proof of Work related concept where two blocks are produced at the same time. One of them becomes part of the chain - ...

23 Jan 20243min

Episode 109 - On-chain vs Off-chain Governance

Episode 109 - On-chain vs Off-chain Governance

In this episode, we understand the two ways of doing blockchain governance - on-chain and off-chain.When the decisions to update the blockchain software are driven by processes off the chain (online f...

15 Jan 20243min

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