Andrey Didovskiy

Tl,Dr - Consensus is a fancy word for agreement - Not every consensus mechanism serves the same function - Consensus is the key element that creates trust in a system. The cryptocurrency industry is notorious for its ability to use exotic terminology to confuse the shit out of non-technical p...

This is a basic high level overview of blockchain software clients & their relationship to nodes on the network.Whenever the topics of security &a...

Some Clarification before we dive in, This is a rudimentary explanation that will give you a basic framework to understand how all blockchains are technologically structured. At its core, a crypto network is a distributed cloud server that uses a token for accounting in an append-only ledger. T...

Decentralization is a process not an event.True decentralization exists on multiple levels. Decentralization is something that is applicable & useful only at scale..

TLDR; Blockchains are distributed ledger networks that operate as tamper-resistant, transparent, append-only data structures. As Crypto continues to swallow the financial world whole, it is becoming all the more important to understand the technology that powers it. At the highest level blockchai...

Bitcoin is two things. An open, public, permissionless network for the transfer of value & a natively digital asset for storage of value (BTC). Meaning that anyone, at any time, can participate and nobody can stop them from doing so. This then begs the question; who are the participants on the ...

TLDR; - The Finality of a Bitcoin transaction is probabilistic, it is not absolute. - Bitcoin provides the best finality in history Whenever we make simple payments for things such as a breakfast coffee, after we leave receive our coffee & leave we do not worry about what happens after the fac...

Blockchains are like Onions, they have layers- Shrek on distributed ledger technologiesOdds are that if you are alive in the 21 century, you have hear...

How would you feel if you sold your car & an hour later lost the money from the sale? You search for days, file reports & beg your friends for help; but alas nothing. As you spiral into financial hard times & begin to regret your actions you find out that the person who bought your car has your m...