Block Shots - Blockchain in 5 minutes!

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Episode 26 - Decentralized Finance (DeFi)Listen now (5 min) | Decentralized Finance is more of a field comprising platforms, standards, and applications focused on providing financial services…
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Episode 25 - Multi-Signature Wallets (MultiSigs)Listen now (5 min) | Every transaction in a blockchain is signed by the sender. The signing of transactions is done using cryptographic signing…
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Episode 24 - Initial Coin Offering (ICO)Listen now (5 min) | Generally, to start a technology business, there’s some initial funding required to build the product. Generally, this is done…
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Episode 23 - TokensListen now (5 min) | Tokens are digital assets representing a user’s right to use a system/service/application or to participate in a process based on…
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Episode 22 - Proof of StakeListen now (5 min) | Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on stake to participate in block…
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Episode 21 - Proof of WorkListen now (5 min) | Blockchains are updated by adding new blocks at the end of the chain. In a permission-less and decentralized network, it is hard to…
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Episode 20 - Double SpendListen now (5 min) | In the case of fiat currency, when you spend it, you physically hand over the currency note to the other party. Also, in case of a…
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Episode 19 - Transaction FeeListen now (5 min) | In blockchains, the transaction fee is the fee paid to blockchain nodes to include the transaction in a block. Generally, the…
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Episode 18 - Blockchain Economics: Part 2 (Rewards)Listen now (5 min) | The blockchain grows when new blocks are added. The creation of new blocks requires validation of transactions and including them…
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Episode 17 - Blockchain Economics: Part 1Listen now (5 min) | Bitcoin was created as an alternate financial system after the subprime crisis of 2008. Banks, having too much control over…
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Episode 16 - Blockchain is NOT (just) BitcoinListen now (5 min) | Would you call every four-wheeled vehicle a car? Some of them are trucks, some are buses, some are farm tractors. Only a subset of…
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Episode 15 - Block FinalityListen now (5 min) | When a centralized system stores all the data, it is pretty straight forward to find out the “final” state of data at a particular…
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© 2022 Gautam Dhameja
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