BlockchainWTF is proud to announce a new series covering the industry impacts of blockchain. Whether it be government, law, or entertainment, blockchains have the ability to revolutionize several industries. We'll break down how blockchain technology will impact your career!
Now that we know a little bit about the structure of a blockchain and its components, we can explore how a blockchain is managed and maintained. How is data check for reliability and then put into blocks? What keeps the network running? The answer to these questions is a process known as "Mining".
Since a copy of the blockchain is stored on each computer on the network, data can be retrieved relatively easily and quickly. This allows nodes on the network to act as reliable validators. These nodes are tasked with checking the reliability of information when a new block is being compiled by a block producer, the node selected to compile the next block. This process is also known as reaching consensus or mining.
Blockchain 101
Lesson 12
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Bitcoin has seen success as it has settled as the most popular cryptocurrency. However, others believed they could implement blockchain technology to do more, possibly even to act as a "world computer". The Ethereum project was launched in 2015 with this explicit goal. Creators sought to create a decentralized network complete with smart contracts, programmable agreements that could be used to create decentralized applications (dApps).
Blockchain 101
Lesson 15/18
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Where does the NFL and blockchain intersect? With Protoblock! We sat down with Jay Berg, Founder and CEO of Protoblock, at Voice of Blockchain 2018
Football season is here and Protoblock has incorporated blockchain into fantasy football. With their proof-of-skill consensus mechanism, you can get rewarded for your accurate fantasy football projections.
Turn your knowledge of American football into Fantasybit cryptocurrency. Claim your fantasy name and watch it climb up the leaderboard. Mine FantasyBits by predicting NFL players’ fantasy performance. Bet for or against individual players on daily or season-long contracts. Score a touchdown with your foot
Check out more here: www.protoblock.com
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In this episode of ICO or No, Jeremy covers Gimli. Gimli hopes to bring video game streaming to the blockchain, with a platform that allows streamers to create and facilitate wagers. Will this project be the next big thing in streaming and e-sports? Or will it be game over for Gimli?
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Visit https://blockchain.wtf to learn even more about cryptocurrency & blockchains!
Welcome to Blockchain A-Z! In this clip, we talk about "receipts", where every transactions is timestamped and given a hash transaction in the form of a receipt
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When talking about cryptocurrency, the terms token and coin are often used interchangeably. We're here to explain why that isn't exactly correct.
Coins are usually created on their own native network. Their job? To act as means of transferring value. They are basically digital cash.
Tokens are slightly different. Like their name may suggest, tokens specifically give rights to holders, such as voting or the ability to use a platform.
https://blockchain.wtf/2018/05/series/wtf-is/tokens-versus-coins/
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Industry Impacts is a series examining the disruptive potential that blockchain can have on several professional fields.
Do you know where your food comes from? Or if it is actually organic? Most around the world don't. The agriculture sector is looking for a way to track products in a transparent manner. That's where blockchain can come in.
Blockchain's main application in the sector will be reducing food waste, especially when a foodborne illness breaks out. Currently stores throw away more items than necessary to stop contaminated products from spreading because identifying affected items is currently very difficult. Pinpointing contamination is difficult without the records provided by a blockchain, so to be safe they often throw away all the food from that shipment.
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In this episode of ICO or No, Jeremy covers Wolk. Wolk aims to be a blockchain-based, advertising data exchange, powered by the WOLK token, built on the Ethereum Network.
If you have any questions or comments, leave them below.
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Blockchain Radio highlights blockchain & cryptocurrency news stories, accompanied by inspirational music and visuals. July 2017 is set to the backdrop of Chicago, IL, USA.
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