Blockchain

Blockchain: the fundamental, immutable data structure behind Bitcoin and all cryptocurrencies.

It’s one of the most critical cryptocurrency building blocks, which forms the ledger and bookkeeping system that allowed Bitcoin to be decentralized.

Here, we discuss blockchain-related topics, including introductory materials and various applications of blockchain (including non-cryptocurrencies).

Can Bitcoin SV scale? by @Cryptobill
Bitcoin SV has made the transition to (for all practical purposes) unlimited block size. You can now store any amount of data on the BSV blockchain, which raises serious questio...
ELI5 Cryptocurrency Sharding by @Cryptobill
If you come from the world of IT, then you've probably heard of database or disk data sharding. For those who don't come from IT, a real simple way to put it is that sharding me...
ELI5 : What is a Directed Acyclic Graph (DAG)? by @Cryptobill
A Directed Acyclic Graph, or DAG, is a graph where no "loops" exist. You can only traverse a DAG in the forward direction, even if you take different paths in the graph. Esse...
What is actually a cryptocurrency fork? by @Cryptobill
Unless you've been living in a cave for the past 9 years, then you've probably heard about cryptocurrency forks. Bitcoin Cash was probably the most hyped, feared, loved, talked ...
Understand the challenges of decentralized databases (e.g. the Bitcoin ledger) by @Cryptobill
Decentralization is what makes Bitcoin special. Cryptocurrencies are simply applications of the more general concept of decentralized databases. In fact, Bitcoin is one large datab...
What are CryptoDepository Receipts? by @Cryptobill
A CryptoDepository Receipt is a smart contract that is meant to represent something. It is a cryptographic note that can represent anything, any asset, any rights, currency or anyt...
What is the difference between digital money and cryptocurrencies? by @Cryptobill
Cryptocurrencies are a form of digital money, but what we normally understand as digital money is represented in fiat currency. For instance, prepaid cards, virtual credit cards an...
ELI5: Blockchain explained in simple terms by @Cryptobill
A blockchain is a database formed by a sequence of entries called ... you guessed it ... blocks. Blockchains have a special characteristic by which any attempt to modify a database...