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Last active July 10, 2018 09:40
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IBM Blockchin Point of View for Retail :
https://www.ibm.com/blogs/think/2018/01/blockchain-retail/
Various Consensus Mechanisms
https://delegatecall.com/questions/what-are-the-various-consensus-mechanisms-associated-with-blockc31ca3a7a-304d-45e1-9a53-967ee3ade08a
Research Paper on Blockchain
https://www.ee.iitb.ac.in/~sarva/bitcoin/bitcoin-notes-v0.1.pdf
Important Points on Bitcoin Network
Bitcoin is a system for generating addresses where bitcoins can be received and stored.
Bticoin has a method for ensuring that only the rightful owner of bitcoins stored in an address can move them to a new address.
Bitcoin is a database of all past transactions which is used to prevent double spending of the bitcoins stored in an address.
This database is calledthe blockchain
Mining is essentially a computationally hard search problem.
Hyperledger is called blockchain because each block is cryptographically linked with previous block
And use pbft for consensus ( Leader selection - round robin,2/3 nodes need to agree)
Finality is immediate compared to Bitcoin and Ethereum.
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