#Blockchain

Parash agrawal Tue Feb 28 2023

Blockchain is an immutable digital ledger where all the transactions are public and transparent. Blockchain is decentralized and distributed that is linked to a P2P network. Bitcoin, Ethereum, NFTs, Collectibles are some implementations of blockchain. It can be used in different sectors such as...

Parash agrawal Thu Mar 09 2023

Smart contracts are programs stored on blockchain. They are equivalent to classes in other programming languages. Smart contracts are created for specific purposes in order to fulfill predetermined conditions. The main purpose of a smart contract is to implement and automate real world use cases. As...

Parash agrawal Fri Mar 10 2023

NFTs (Non-fungible Tokens) are crypto assets which are unique to each other. Digital assets, art and collectibles are it's major components. NFT standard is defined as ERC721 in ethereum network. No two NFTs are the same unlike 2 coins of the same crypto currency. Example: 2 bitcoins have the same...

Parash agrawal Fri Mar 10 2023

Testnet is an instance of a blockchain underlying the same or newer version of the actual network. As it's name suggests, testnet is used for deploying and testing smart contracts before deploying them to actual network. For example: Goerli testnet can be used as testnet before deploying to the...

Parash agrawal Fri Mar 10 2023

A digital signature is a mathematical algorithm routinely used to validate the authenticity and integrity of a message. Digital signature includes the concept of public and private keys. Generally, a message hash is signed by an address, then the signed message is transacted on behalf of the user by...