You’re in it for tech, right? At the start of hopefully a bull run, take 10 minutes to learn the fundamentals of how Blockchains work so you can inform new people about this revolutionary technology.
Hopefully we are at the start of the bull run which leads to lots of FOMO and hopefully new people becoming interested in Blockchain. Some of you may have invested in blockchain projects for years yet still don't understand what a blockchain is and what makes it trusted, immutable and tamper proof. Do you know what a DAPP is and what it consists of?
I wrote an article explaining an overview of blockchain fundamentals which hopefully some will find useful and filling in some gaps, to enable you to explain it to new people and why there is such interest in blockchain technology from not only blockchain enthusiasts but also governments and large enterprises.
I explain hashing, encryption and digital signatures, difference between a full node and light client, what a DAPP and API is as well as going through an example of how a user signs a transaction and how it gets added to the blockchain.
It is part of a series on Quant Network's Overledger however Part One just goes into discussions about blockchain fundamentals and not about the project itself. Part Eight you may also find interesting where it describes the difference between Permissioned and Permissionless blockchains.
Hopefully some will learn something new about blockchain and can help spread the knowledge to others. Also, will help you make better investment decisions if you understand the technology behind it.
https://medium.com/@CryptoSeq/quant-networks-overledger-part-one-blockchain-fundamentals-db7fdb43058a
