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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Episode 14 - ForkListen now (5 min) | Blockchains are decentralized systems. It means there is no single point of control or failure. This also means multiple parties…