Blockchain Guides - Page 12

What Is Blockchain Technology?

By Andy Watson March 23rd, 2018

The blockchain technology can simply be explained as a decentralized open ledger system of adding, verifying and then recording transactions between peers in a transparent, efficient and irreversible manner.

What Is Interledger Protocol?

By Andy Watson January 17th, 2016

The Interledger protocol (ITL) is a protocol for payments across payment systems. The protocol was introduced by Ripple in October 2015.

What Is Open Ledger?

By Siarhei Karotki December 18th, 2015

A group of the major fintech industry players are working on a new version of the blockchain technology as part of the Open Ledger Project.

What Is SHA-256?

By Andy Watson August 28th, 2014

SHA-2 (Secure Hash Algorithm) – is a set of cryptographic algorithms – single-aimed hash functions including SHA-224, SHA-256, SHA-384 and SHA-512.

What Is Scrypt in Cryptography?

By Andy Watson March 25th, 2014

Scrypt is an adaptive cryptographic function of key generation based on the password. It was invented by Colin Percival for the online service for protected storage of back up copies of Unix like operating systems in 2008.