Understand how Tezos works through easy to follow ELI5 articles!
ELI5 Tezos’ Liquid Proof of Stake?
“You must be shapeless, formless, like water. When you pour water in a cup, it becomes the cup. When you pour water in a bottle, it becomes the bottle. When you pour water in a ...
ELI5 What are Tezos abstract blockchains?
"All problems in computer science can be solved by another level of indirection." - David Wheeler
Computer science professor David Wheeler once famously stated that every probl...
ELI5 Tezos On-Chain Governance
Tezos is a third generation cryptocurrency which offers all the benefits of first and second generation cryptocurrencies, plus Proof of Stake minting and on-chain governance.
ELI5 How do Tezos Smart Contracts work?
Tezos smart contracts are natively written in Michelson - a purely functional, statically typed programming language.
Note: See our cryptocurrency programming languages articl...
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ELI5 Proof of Stake (PoS) – How does PoS work?
In the cryptocurrency universe, Proof of Stake (PoS) is one of the most popular alternatives to the Proof of Work (PoW) family of consensus mechanisms. While PoW systems invest large amounts of energy to make sure transactions are legit, PoS does not require mining hardware. Proof of Stake “miners” (stakers) must lock a financial stake […]
Bitcoin Toolbox Home
Crypto.BI Toolbox is a set of tools for local blockchain exploration. It uses data from the raw Bitcoin block data files and does not require a network connection, API’s and other 3rd party data sources. It’s built of a combination of C++ libraries, Python integration and many other planned components that aim to make blockchain […]
Bitcoin Blockchain to MySQL Insertion Tool
Crypto.BI Toolbox comes with a raw .dat block file to MySQL insertion tool called blocks_inserter. To use it, first you’ll need to generate the MySQL schema on your local server by importing scripts/sql/mysql/cryptobitoolbox_bitcoin.sql into your MySQL server. Then you will need to configure Toolbox with the appropriate username, password, host and database so that Toolbox […]
Bitcoin Blockchain MySQL Database Inserter Configuration
Toolbox tries to read configuration from $HOME/.cyptobi/cryptobi.conf If a config file is unavailable, then defaults will be applied. The order of precendence from highest to lowest is: Command line options override all others. Config file options override defaults. Program defaults. Environment Set CRYPTOBI_HOME environment variable to the directory where you cloned the Crypto.BI Toolbox from […]
Staking is the process by which users delegate their Proof of Stake voting rights to a staking pool. The pool then verifies transactions on the users' behalf and, similarly to mining pools, share some of the profits back with the stakers.