Zero-Knowledge Proof
In America, citizens don't have ID numbers... and yet we live in a society that necessitates them.
In America, citizens don't have ID numbers... and yet we live in a society that necessitates them.
There are many different ways to understand Ethereum and blockchain technology. For me, metaphor is what opened my eyes.
Core Concepts
measures the amount of computational effort required to execute specific operations on Ethereum.
is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".
It's 2022, by now you should know Ethereum as the World Computer.
Applying a takes data (of arbitrary contents and size) and reduces it to a unique, compact string.
: blockchains cannot pull in or push out data to any external system (by design).
Applying a takes data (of arbitrary contents and size) and reduces it to a unique, compact string.
Bitcoin invented decentralized computation: the coordination of untrusted computers to achieve a unified computing environment.
This is part 1 of a 3 part series on KZG Commitments. Here are links to part 2, part 3 and the summary article.
The purpose of a hash function is to transform any amount of data into a compact, uniform value.
Applying a takes data (of arbitrary contents and size) and reduces it to a unique, compact string.
Applying a takes data (of arbitrary contents and size) and reduces it to a unique, compact string.
A is creates a commitment that is anchored to a piece of data.
Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).
Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).
Money is a concept older than history; by 2008 it had permeated our lives so deeply that it’s hard to understand the world without reference to it.
Deposit collateral, mint GHO. Burn GHO, reclaim collateral.
In 2008, Satoshi Nakamoto created blockchain technology, changing the world forever.
A is a mathematical model of computation with two major components:
Ethereum is a distributed . A state machine is a mathematical model of computation with two major components:
A is a mathematical model of computation with two major components:
Before we dive into the tokens, let's take a step back and talk about De-Fi holistically.