Crypto Academy Week 9 - Homework Post for [ lecture by @alphafx] Blockchain and Platforms by @alphafx

in SteemitCryptoAcademy3 years ago (edited)

First of all, welcome to the new professor @alphafx. I am @shajj. And I have been waiting for a long time to know when the new learning phase will start again. Because one of the ways to inform about cryptocurrency is to me this crypto academy. sir @alphafx gave a very nice idea about blockchain in a very nice way. Hopefully I can do my homework nicely. I hope I can do my homework nicely today. Today, our main homework is Blockchain and Platforms.

What is Blockchain?

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It is good to know the basics of blockchain for yourself. Blockchain is a place where investors' confidence in financial transactions grows. Blockchain data is stored very strongly. Due to which it is very difficult and impossible to cheat the information of blockchain. To my knowledge blockchain is a modern ledger and a copy of the blockchain has been made and the blockchain has been spread across the network through computer systems. Every time there is a new transaction in the blockchain and several of them are transacted differently. And it has a record according to the transaction and the participants' participation is recorded in the ledger. In other words, blockchain is DLT. Cryptographies are recorded by signature. DLT stands for Distributed Laser Technology. Blockchains like Bitcoin and Etherium are constantly growing and being added to different rules. Now in many ways these have been significantly added protection. Although hacker wants to corrupt the blockchain system. However, each every system and in the version chain needs to be changed.

What is EOS

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EOS is generally regarded as the most powerful infrastructure among decentralized applications. EOS develops commercial decentralized applications on blockchain-based and decentralized system platforms and can enable itself to host and operate. And to me eos is a hassle-free app. eos is supported by a web tool for developing eos interfaces. eos usually works just like the Google Play Store app store. There is no official form of eos and the manufacturers themselves have decided not to officially define eos. eos is usually controlled and managed by blockchain. Blockchain architecture uses and builds decentralized applications that are capable of vertical and perceived scaling. EOS tokens are cryptocurrencies for EOS networks. And it is similar to the operating system of a computer that manages and controls blockchain networks. They help EOS employers with all the functionality needed to allow them to create blockchain-based applications in the same way as web-based applications, hosting and managing communication and the Internet.

WHAT IS ETHEREUM

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Etherium was published in 2015. ETHEREUM is a decentralized software platform with its own cryptocurrency. ETHEREUM can enable smart contracts and applications to be controlled and built and operated without any third party. ETHEREUM does not require a third party because they have their own cryptocurrency ether. And it is used for its own cryptocurrency ether. Fraud or hacking with ETHEREUM is neither possible nor impossible. ETHEREUM is completely different and regulated in a literary manner. Due to which employers at ETHEREUM are not likely to face any failures or problems. ETHEREUM is a blockchain where millions of investors interact with ETHEREUM. So there is no possibility of investors losing contact with ETHEREUM. And as I said earlier, Mind ETHEREUM is a relationship that protects investors from hackers and collects their information. So ETHEREUM is a platform that distributes to the world and helps to work in digital logic. Those who want to invest will be able to easily exchange their digital assets through ETHEREUM. And the most convenient information is that ETHEREUM is not controlled by any person or third party and no country is controlled by ETHEREUM so there is no possibility of its extinction.

Comparison between EOS and ETHEREUM :

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EOSETHEREUM
1.Published 2017Published 2015
2.EOS is a smart contract blockchainEthereum is an open-source blockchain
3.ultimate aim of EOS-cheapest, fastest, and most scalable smart contract blockchain in the world.Ethereum allows people to send and receive funds without the need for a third-party entity such as a bank.
4.decentralized blockchaindecentralized applications DApp
5.transactions to be verified by the communityneed to be puzzle solved
6.developed by a company named Block.oneby Vitalik Buterin
7.10,000 transactions per secondfifteen transactions per second

Conclusion

Today was a very good homework. In today’s context, EOS and Etherium. And we understand very well that EOS and Ethereum are the two largest smart contract platforms in the world. Undoubtedly EOS AND ETHEREUM is the most popular blockchain. EOS AND ETHEREUM To the most popular employers in the crypto world.

Cc: @steemcurator01
Cc: @steemcurator02
Cc: @steemitblog
Cc: @alphafx

Written by; @shajj

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Scoring

AspectscoreRemark
Structural presentation1adequately presented
Adherence to instruction1.5all rules followed
Quality of content2.5Nice work, but needed more on the detailed comparisons
Originality1.5post is not plagiarized, nice job
TOTAL6.5well done, i would have loved to see side by side comparisons on features, see you next time

Thanks for participating

Thank you so much sir for your nicely feedback

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