Browsing Category: Blockchain public chain

  • SOLO mining mode

    Is the mine pool the first to be regulated?On external incentive and new structure

    With the continuous development of the blockchain world, the mining scale is becoming larger and larger, and the difficulty is also higher and higher. The SOLO mining mode of the early traditional small miners withdrew from the market and replaced by a mine pool integrated with distributed miner’s computing power: some scattered miners entrust the …

    July 14, 2020
  • Gas

    Easy to read Gas,GasLimit,GasPrice on Ethereum

    What is Gas? Gas exists in the EVM of Ethereum, and is the unit of measurement for calculating workload. As the fuel of Ethereum network, it provides power for the development and operation of Ethereum network ecology. Just as gasoline plays a role in automobiles, Gas is essential for Ethereum users and developers. On the …

    July 4, 2020
  • ETH authorization

    What is “authorization” in Ethereum contract interaction?

    As for the “authorization” operation, many new Ethereum users are confused when they first operate the smart contract. I don’t understand what authorization is, let alone why authorization initiates a transaction, and the transaction itself does not carry any assets, and at the same time, it has to pay a miner’s fee. In this article, …

    June 30, 2020
  • Ethereum block

    How to determine the size of Ethereum block

    With the development of blockchain industry, the ecosystem based on the Ethereum network is becoming larger and larger. In addition to the transaction package of various assets issued based on the Ethereum network, it also needs to meet a variety of smart contract package transactions, such as the business contracts related to the DeFi protocol …

    June 28, 2020
  • Value and risk of consensus

    Value and risk of consensus

    Consensus mechanism is the most special thing of blockchain, which is different from the consensus in the real world. Based on algorithmic program, blockchain reaches an agreement on the transaction data on the chain, thus creating value. The value in our life is also based on consensus. Except for the exchange price, most of the …

    June 24, 2020