Entries tagged [explanation]
Blockchain explained
by Jerome Kehrli
Posted on Friday Oct 07, 2016 at 12:01AM in Computer Science
I interested myself deeply in the blockchain topic recently and this is the first article of a coming whole serie around the blockchain.
This article presents an introduction on the blockchain, presents what it is in the light of its initial deployment in the Bitcoin project as well as all technical details and architecture concerns behind it.
We won't focus here on business applications aside from what is required to present the blockchain purpose, more concrete business applications and evolutions will be the topic of another post in the coming days / weeks.
This article presents and explains all the key techniques and mechanisms behind the blockchain technology.
The blockchain principles and fundamentals are really coming initially from the design work on the Bitcoin. Most of this article focuses on the design and the principle of the blockchain put in place in the Bitcoin system.
Some more recent (Blockchain 2.0) implementations differ slightly while still sharing most genes with the original blockchain, making all that is presented below valid from a conceptual perspective in these other implementations as well.