Building A Stone-Age Blockchainby@0xjoel
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1,211 reads

Building A Stone-Age Blockchain

by Joel Mascarenhas8mMay 24th, 2022
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A memorable and fun story to help you understand how the blockchain works. - An island in Micronesia creates the first blockchain currency for its village. - The villagers have a decentralised ledger that maintains all the transactions. - The currency has value because of trust - Villagers are nodes in the blockchain - Proof of work is required for the coin to be validated

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Joel Mascarenhas

Joel Mascarenhas

@0xjoel

A cold-brew addict who simplifies Web3 for the curious man and woman.

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Joel Mascarenhas@0xjoel
A cold-brew addict who simplifies Web3 for the curious man and woman.

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