INTRODUCTION

It is no longer news that Bitcoin is the king of all cryptocurrencies and Blockchain, the dominance of Bitcoin in the blockchain industry for the past decade cannot be questioned, it has defied all odds to become recognized as one of the most secure blockchains available today, and indeed one of the most valuable assets of our time. Despite all this, one of the issues developers have is building decentralized applications (DApps) and deploying smart contracts on bitcoin, this is because of bitcoin’s limited scripting language. …


Introduction

Let’s start by explaining what a blockchain consensus algorithm is. If you are at home with this, you can go straight to subsequent part of this article. Blockchain consensus algorithm, refers to the process through which participating nodes in a blockchain come into agreement on the present state of the blockchain, before new blocks are added. There are a number of consensus algorithms being used across different blockchains with the popular ones being the proof-of-work (POW), proof-of-stake (POS), and byzantine-fault-tolerance (BFT). …

Jonah Apagu

A student of technology i am leveraging on the power of my imaginations given to me by God to add value to my world

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