GBI Blockchain Academy Public

GBI Blockchain Academy

Obakeng Kunupi
Course by Obakeng Kunupi, updated more than 1 year ago Contributors

Description

A first-of-its-kind course that is equally relevant for new entrants into the blockchain world and for veterans in the space that are looking to keep up with the current developments. Our faculty is comprised of leading thinkers and shapers of the Blockchain space. From CEO’s of the most exciting Blockchain companies to the most recognized professors and founders of the next wave of Blockchain projects.

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Genesis block with the hash block carrying a similar replica of the genesis block. Hash functions: Properties: Blockchain is protected by the properties of hash functions. Decentralisation of the blockchain #Blockchains are based on an active peer 2 peer network which interchanges every single block. Everyone has his own copy of the whole blockchain.  Brute forcing takes a lot of time and resources... changing one thing will result in a different result and you will be able to pick up the change. Orphan blocks & mem pools. where transactions on the blockchain are verified. High fees is what the miners carry out first. Hash's and infeasability... having to crack a number of hash's to change a transaction.
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Essential Components of Blockchain Blockchain uses: Smart contracts, data immutability, currency, naming systems, NFT's  Smart contract compared to AWS... they act as a computer Consensus; each computer agrees on the order and contents of date being processed, determine when the agreement has been reached. *Not always instant. #Consensus Algorithms... Blockchains have a finite capacity... memory CPU disk & bandwidth
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