Blockchain – Software Engineering Daily

Google uses automated programs called spiders, or crawlers, to index and rank web pages. Then, when a user searches for something, it uses a special algorithm to determine the order of results to display (howstuffworks). This process, of course, applies to web pages on the internet. There are 2 major projects, worked on by the The post Cloud Blockchains: The Google of Blockchain with Nader Dabit appeared first on Software Engineering Daily.

Domain names are the address of your website that people type into the browser URL bar. Once purchased, a domain name is stored on your behalf by custodians like Google domains. Blockchain domains, on the other hand, are similar to regular domain names except they are stored and controlled in your cryptocurrency wallet. The company The post Unstoppable Domains: Blockchain Domains with Matthew Gould appeared first on Software Engineering Daily.

Blockchain protocols like Bitcoin and Ethereum have changed the cyber world dramatically in the last decade. They’ve created communities of like-minded developers, generated new financial markets, and popularized “decentralization” in computer networks. However, they require large resources to operate which makes scaling difficult and transactions expensive. Hedera is a decentralized public network that takes the The post Hedera Hashgraph: Proof-of-Stake Public Networks with Leemon Baird appeared first on Software Engineering Daily.

Complete information games are games where every player has information about the game sequence, strategies, and payoffs throughout gameplay. Playing chess, for example, relies on knowing the location of every piece everywhere on the board. In an incomplete information game like Minecraft, you continually gain new information during gameplay. Until very recently, incomplete information was The post Dark Forest: Transparency on Blockchains with Zero-Knowledge Proofs with Brian Gu appeared first on Software Engineering Daily.

Proof of Work cryptocurrency mining, as used on the Ethereum and Bitcoin blockchains, requires huge amounts of energy to validate transactions and generate new tokens. The alternative, Proof of Stake, needs large deposits of assets to be staked up front in order to work. While both consensus protocols have their own drawbacks, they are the The post Spacemesh: A New Consensus Protocol Anton Learner appeared first on Software Engineering Daily.

Coinbase is a very popular and well trusted cryptocurrency platform for buying and selling digital assets like Bitcoin, Ethereum, and many more. With Coinbase you can manage your portfolio of cryptocurrencies in 1 place like you would for other investments. There are added features like scheduling recurring purchases of assets, time-delayed withdrawals from digital vaults, The post Coinbase React Native: Building the Cryptocurrency Ecosystem with Brent Walter and Jacob Thornton appeared first on Software Engineering Daily.

Platforms like Ethereum have billions of dollars of market cap and large developer communities. However, it is still a challenge to build widely adopted DApps on it because of current limitations. Blockchain Proof of Work transactions are typically slow, and Proof of Stake transactions trade off decentralization to achieve high throughput. Transaction fees get expensive, The post Polygon: Connecting Ethereum Compatible Blockchain Networks with Denis Ermolin appeared first on Software Engineering Daily.

The company Skynet Labs provides an open protocol for hosting data and web applications on the decentralized web. Skynet allows for decentralized, censorship-resistant, highly redundant storage and applications that are available around the globe. Developers don’t pay for their application’s storage, can launch apps with access to a user’s data right away, are free from The post Skynet Labs: Decentralized Internet with Matthew Sevey appeared first on Software Engineering Daily.

A liquid market enables individuals or groups to quickly buy and sell assets. Decentralized platforms can struggle to execute trades when their platform does not have much liquidity for a specific token. Newer tokens or tokens with limited supply are most often the least liquid because there might be an imbalance of buyers and sellers. The post Uniswap: Creating Liquidity in DeFi with Noah Zinsmeister appeared first on Software Engineering Daily.

Non-fungible tokens are proofs of authenticity that are stored on a blockchain. Unlike fungible tokens, such as cryptocurrencies which are interchangeable, non-fungible tokens aren’t inherently equivalent to any other token. Because they are unique, they can be used to represent any unique asset. Their presence on a blockchain enables an NFT owner to trade the The post Showtime: Crypto Art and NFTs with Alex Masmejean appeared first on Software Engineering Daily.

Volatility is the degree of fluctuation of something’s price. Highly volatile assets may see rapid and large price changes, while less volatile assets will maintain a steady price. This concept is important in decentralized finance because cryptocurrencies tend to be volatile assets.  The company Synthetix provides assets called Synths that provide exposure to an asset The post Synthetix: Derivatives Trading in DeFi with Justin Moses appeared first on Software Engineering Daily.

A decentralized exchange, usually referred to as a DEX, is a platform for exchanging cryptocurrencies. Depending on trading volume for different coins, some DEXs are more liquid than others. On the one hand you can freely swap unlisted tokens and maintain full control over your private keys and wallet information. On the other hand, without The post 1inch Exchange: Decentralized Exchange Aggregation with Anton Bukov appeared first on Software Engineering Daily.

Decentralized applications, termed “dApps,” are applications that feel like normal apps but are actually deployed (mostly) on the Ethereum blockchain. This means dApps can’t be taken down, can’t be censored or blocked, typically use Ethereum accounts as identity, and would only experience downtime if Ethereum itself went down. There are a lot of things you The post Compound: Cryptocurrency Interest Rates with Jared Flatow appeared first on Software Engineering Daily.

A ‘token’ can represent almost anything in Ethereum, according to Ethereum.org: Lottery tickets, points in an online platform, fiat currency, and much more. These tokens must follow a standard called ECR-20 to have the same type and value of any other token, and behave just like the ETH.   The platform Opyn lets users buy and The post OPYN: DeFi Options Trading with Aparna Krishnan appeared first on Software Engineering Daily.

In decentralized finance (DeFi) a liquidity pool is a collection of cryptocurrency funds created from the deposits of many users and usually multiple different currencies. There are 2 main types of pools: custodial and non-custodial. Custodial pools are controlled by a third party manager which contains information like the private keys and the funds. They The post AAVE: Liquidity Protocol with Ernesto Boado appeared first on Software Engineering Daily.

A smart contract contains the “terms” of a blockchain transaction between a buyer and a seller as well as the capabilities to execute those terms. In order for smart contracts to include outside data from the world, such as stock market data, weather, sports data, etc…, the contract needs a third party service called an The post Chainlink: Connecting Smart Contracts to External Data with Sergey Nazarov appeared first on Software Engineering Daily.

Cryptocurrencies like Bitcoin and Dogecoin are electronic currencies with a complete transaction history stored on a blockchain. A cryptocurrency blockchain is a linear record of all the transactions between users for a given currency. This record is public and distributed across thousands of computers, which makes falsifying a transaction nearly impossible because the hacker would The post dYdX: Crypto Trading with Antonio Juliano appeared first on Software Engineering Daily.

Prediction Markets provide an exchange for trading based on the outcome of events. Most prediction markets are centralized- they operate like a casino, where betting takes place under the supervision of one central governing organization. This makes the market less efficient than it otherwise might be: the central organization is a business, and it makes The post Augur: Ethereum Prediction Markets with Joey Krug appeared first on Software Engineering Daily.

Blockchain technology has a wide variety of potential applications. Fields such as finance, supply chain management, and even voting have seen innovations driven by the development of distributed applications built on blockchains, called DApps. However, developing a DApp on a blockchain often requires low-level knowledge about cryptographic protocols or particular networks. Since no one blockchain The post Reach: DApp Programming Gateway with Chris Swenor and Jay McCarthy appeared first on Software Engineering Daily.

Cryptocurrencies today serve two purposes: store of value and speculation.  The application infrastructure that has been built around cryptocurrency is mostly to support these use cases. At some point in the future, perhaps cryptocurrencies can be used as a global medium of exchange that is accepted at the grocery store. Perhaps we will use the The post Decentralized Finance with Tom Schmidt appeared first on Software Engineering Daily.