After the successful launch of the Alonzo Hard Fork update on September 12th, 2021, the next big milestone of the Roadmap of the Cardano Blockchain project is the Hydra update.
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During Facebook’s connect 2021 keynote presentation, CEO Mark Zuckerberg presented the name “Meta” as a new corporate identity. This new identity provides Facebook its new “North Star” to help bring the metaverse to life. If you want to know more about the Metaverse, check my post about the Metaverse.
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Today (12 September 2021) is a big day for Cardano because the Alonzo hard fork upgrade will finally bring smart contracts and NFT support to this third-largest blockchain. This upgrade means that Cardano will finally be able to compete with Ethereum because of the added functionalities.
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After my previous post about the history of bitcoin and the Bitcoin blockchain, I wanted to get a better understanding of how bitcoin and the Bitcoin blockchain work and to share this with you. Please note that I purposely distinguish between bitcoin and Bitcoin. The reason I do this is that bitcoin refers to the cryptocurrency “bitcoin” and Bitcoin refers to the software that facilitates the transfer and safekeeping of bitcoin, the currency. In this post, I take bitcoin and the Bitcoin blockchain as an example but the main concept works the same for every blockchain of any cryptocurrency.
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Blockchain has always fascinated me but I never took the time to get a grasp of the concept of blockchain. This changed in March of this year. I decided to do a deep dive into blockchain and did some research about both blockchain and cryptocurrency. I started with the history of blockchain and cryptocurrency (especially Bitcoin where it all started) and the basic mechanics behind this. After this research, I still can’t say that I’m an expert on blockchain and cryptocurrency but I think it gave me a better understanding of the basics.
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