Featured on Aug 30th, 2018

The Blockchain Bar

Explaining the blockchain beer-to-beer ๐Ÿบ

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Blockchain technology is the next big thing, everyone is talking about. Do you want to know? Itโ€™s simple. To learn how Bitcoin and blockchains work, just dive into our story of a cozy little bar, and get everything you need to know๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ๐Ÿบ

This focuses on:

WHAT IS A MIDDLEMAN?
WHAT IS A PEER-TO-PEER NETWORK?
IS A BLOCKCHAIN A PEER-TO-PEER NETWORK?
WHAT IS A PROTOCOL?
WHAT IS A BLOCKCHAIN PROTOCOL?
WHAT IS A TOKEN?
WHAT IS A CRYPTO TOKEN?
WHAT IS A DISTRIBUTED LEDGER?
HOW DO BLOCKCHAINS CREATE TRUST?
WHAT IS A BLOCK IN A BLOCKCHAIN?
WHAT IS HASHING?
WHAT IS A HASH?
WHAT ARE DATA FINGERPRINTS?
HOW DO HASHES WORK?
WHAT IS A CONSENSUS MECHANISM?
HOW DO BLOCKCHAINS REACH CONSENSUS?
WHAT IS PROOF-OF-WORK?
WHAT IS A MINER?
WHAT IS MINING?
WHAT IS AN ICO?
WHAT IS AN INITIAL COIN OFFERING? Source

Pros

โ€ข Newbies can learn from this, jokingly.
โ€ข Cryptosystem well detailed and explained.
โ€ข blockchain explained.

Hunted by @barineka

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