Joseph Poon and Thaddeus Dryja came up with an innovative idea in their whitepaper The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments. They proposed a way to make Bitcoin highly scalable from 8 transactions per second(TPS) to about million TPS. Since then, it has caught a lot of attention and development work in going to make lightning networks a reality. In this article, we will discover behind scenes of the lightning network.
In the year 2008, an unknown person or organization published a white paper named “Bitcoin: A Peer-to-Peer Electronic Cash System” under the pseudo name Satoshi Nakamoto. That started a new era of decentralized technologies. The main motive of the white paper was to introduce a peer to peer payment system with its own currency without the involvement of central authorities.
A deep dive into the human capital based securities, personal tokens, Income Share agreements, and personal digital assets.
Binary or 'digital' options have been around for several decades. Originally, only large financial institutions and the wealthy had access to this type of trading. However, the US Securities and Exchange Commission (SEC) allowed binary options trading in 2008. The internet and technology gave the whole world access to binary options. The demand for binary trades increased rapidly, aș they are simple to understand and easy to access.
Recap In part one I outlined the idea for a Tennis Manager simulation game on the Ethereum Blockchain. I created the ERC721 Token and the TrainableTennisPlayer contract which enables owners to increase their player stats by training or resting. Part two walked through the introduction of the CompetingTennisPlayercontract, responsible for…
Blockchain technology is a breakthrough for a new era of decentralized technologies. One of the main classifications of blockchain technology is permissionless and permissioned blockchain.