Author: priteshgeek

1. Introduction & Overview What is a Hash Function? A hash function is a cryptographic algorithm that takes an arbitrary-size […]

Introduction & Overview The genesis block is the foundational element of any blockchain, serving as the first block in the […]

1. Introduction & Overview In blockchain ecosystems, the term “fork” describes a situation where the blockchain network diverges into two […]

Introduction & Overview What is Miner? A Miner in cryptoblockcoins refers to a participant (individual, entity, or hardware/software setup) in […]

1) Introduction & Overview What is a Validator? A Validator is a network participant that: In PoW you burn electricity; […]

Introduction & Overview What is a Node? A node in the context of cryptocurrency and blockchain (referred to as “cryptoblockcoins” […]

1. Introduction & Overview What is a Consensus Mechanism? A consensus mechanism is the algorithmic protocol that ensures all participants […]

1) Introduction & Overview What is a “Consensus Mechanism”? A consensus mechanism is the protocol a distributed set of nodes […]

1. Introduction & Overview What is a Distributed Ledger? A Distributed Ledger (DL) is a database spread across multiple nodes, […]

1. Introduction & Overview Decentralization is one of the most important design principles of blockchain technology and the ecosystem of […]