Consensus algorithms are a fundamental aspect of the blockchain. They are mechanisms designed to validate, confirm and aggregate transactions to the blockchain, which in turn allows the integrity and security of the information stored on the blockchain to be maintained. There are many types of consensus algorithms, each with their own advantages and disadvantages. Some …
Cryptographic proofs are an important aspect in technology and within them, there are some very interesting ones using blockchain, such as zero knowledge proof. These algorithms allow proving that a user has certain information without sharing it. In a zero knowledge proof, there are two parts: a verifier and a demonstrator. The verifier is in …
Blockchain technology and smart contracts have revolutionized the way people think about finance and the reliance on central intermediaries. Decentralization in finance (DeFi) is an experimental way to offer traditional financial instruments without relying on banks, exchange platforms and other centralized financial services. In a decentralized system, the verification of financial transactions rests with the …
Blockchain, smart contracts and federated learning technologies have revolutionized the way transactions are conducted and data is protected. However, many people may find it difficult to understand these concepts. For this reason, this article will explain one of these technologies in a simple way using an example. Federated Learning technology has become an essential tool …