Skip to main content

Posts

Showing posts from April, 2020

Explained | Building DApps on TRON Network

TRON is a decentralized blockchain network similar to Ethereum, EOS, and Bitshares.TRON has a specific set of protocols: blockchain explorer, own cryptocurrency (TRX), and an innovative intention. TRON DApps development is the process through which DApps are developed with the aid of the TRON blockchain network. What is TRON? In simple terms, TRON is a blockchain-powered decentralized platform. It is aimed at creating a global digital entertainment system that allows quick, hassle-free, and cost-effective ways to exchange information. Founded by Justin Sun in September 2017, TRON focuses on expanding the blockchain-backed DApps market by simplifying the processes involved in developing and deploying them. The TRON Mainnet was launched in June 2018, and sooner it became an Operating System running on the blockchain. Many developers find it challenging to understand the in-depth concepts of blockchain technology. The

How Does Blockchain Technology Works

Understand Blockchain Better! 👩🏻‍💻 We are going to find answers to all your questions in this blog. We have made this blog as simple as we could for every reader to understand “How a Blockchain Technology Works? What is a blockchain? and What are the Types of Blockchain?” What is Blockchain? 🔹 Blockchain is distributed ledger technology. It is the technology backing Bitcoin and other cryptocurrencies. 🔹 A blockchain network comprises blocks that are immutable, time-stamped, and distributed across multiple computers. Features of Blockchain 🔹 Decentralized Technology 🔹 Immutable (Tamper-Proof) 🔹 Incorruptible Ledger 🔹 Consensus Mechanism 🔹 Transparent & Private 🔹 High Transaction Speed 🔹 Enhanced Security The Functioning of Blockchain ➡️ A transaction is initiated ➡️ Creation of digital signature ➡️ Verification of authenticity ➡️ Private key cryptography ➡️ Creation of transaction block ➡️ Validation process ➡️ Miners partic