Section of Blockchain Visions Pt.1 rechid monk designs...realitymeetsdreams.
Technologically Trapped In The Crypto Catacombs
It's going on 2 years, this pursuit of knowledge and understanding, almost 24 months since the reboot of interest in cryptospace. There's been trials and tribulations, some intentional flawed; actions, decisions and failures, mostly unintentional, with the random wins, and victories over the entity in between.
Cryptospace is an entity, becoming more like Atreiu Vs. The Nothing ala Never Ending Story. Had this actually been the case, then the Ethereum Blockchain is the Luck Dragon and it's enabling conquest over the negative dark forces of this "Brave New World".
The decision to relearn to code came about from the interest in mining from the PC/laptop, (don't ask! as this was a failed experiment which burned more hours with little and no reward). The last 18 months have been filled with expensive learning curves, which quickly burned a seemingly irreparable hole in my (not even shallow) pockets.
Point form time: Some people write "To Do" lists, this is a To Learn list.
Aim: To learn as much as possible in the least amount of time, creating an archive and resource library from which to derive the content for a book of sorts to be possibly minted as an NFT.
- Bitcoin ,
- DeFi (Decentralized Finance),
This is just part of the list... won't bore you [the reader] let's get started then;
Since most should know about Bitcoin and have actually read the whitepaper (more than once for some die hard enthusiasts) highly advisable to read the whitepaper that set this decentralized revolution in motion. https://nakamotoinstitute.org/static/docs/bitcoin.pdf
(Assuming that there are still a greater percentage of the mass who know very little if at all about Blockchain Technology.)
Will just move through Blockchain and write a separate article on Solidity and Smart Contracts on Ethereum, and an updated view on NFTs.
-as Interpreted by a Multi-Discipline Visual Creative/Digital Multimedia Artist.
A search engine query such as, "What is a Blockchain?" will herald some interesting and fascinating results for noobs to node networking data solution that is Blockchain. The best way to query (inserting googlesearch engine query hack here...) is use of ":" after the; word, phrase or website, this narrows down the search to the specified string. In searching for Blockchain related text; "Blockchain:PDF+what is?" or something to that effect.
That is the most effective and efficient way to narrow down the search to relevant resource material, (in order of relevance of content).
As per Robert Frost's "Two roads diverged in a lonely wood..."
More than two tunnels forked and diverged in twisting catacombs...
Before researching to learn further (what is known now) the interpretation had was envisioning the breakdown of an actual file's file system construct; the file header, the blocks of data, the metadata, the body of the file (if an executable program, the operational components), blown out to a huge global scale replacing the operational components with things such as Smart Contracts (the mini software code/programs that communicate with the greater Virtual Machine/VM) which each node storing the same data (not copies or mirrors) thus connecting to form DLT (Distributed Ledger Technology) or the distributed public ledger.
Now after a library section (or so it seems) worth of reading material and subs to emails of papers on Blockchain and Smart Contracts from Academia, now it feels as if a personal interpretation and description can be outlined based on what I actually interpret a Blockchain Network System to be and why it is essentially beneficial to the evolution of society. I am first and foremost humanitarian and passive by nature, having been involved in social work and assisting those of less; less fortunate, less educated, less talented, those who have less confidence to search deep into their soul's of self and discover that we have all that is required to succeed at life within us.
"Within every human being lies the seed of perfection." Dalai Lama
This being stated, Blockchain and Smart Contracts is targeting that seed of perfection and in a communal global collective behaving as the World Computer, aims to change the future of humanity for the greater good.
A data/file system built around global node networking and creation of tamper proof storage of immutable information, is Blockchain networking.
For those who already knew, then some of this information will seem redundant.
Blockchain aims to remove "Data Silos", these are huge physical server banks previously used by community targeted companies and services provided by the likes of; Amazon, Facebook, Google. These data silos are costly to run, and the operational energy consumption is phenomenal.
Logic prevailed when the advent of Bitcoin; The first Peer 2 Peer digital currency intended for distribution on a torrented network of nodes/individuals, spread across the world, in any location running any operating system or hardware, so long as they were connected to the worldwide web. Bitcoin is hardware and software agnostic, and subsequently so is Blockchain networking. It's important to note that Bitcoin and Blockchain are 2 different modern inventions in computer science, with Bitcoin being the first transactable digital money, and Blockchain the node networking system that facilitates the distribution and transacability of BTC, recording these actions and activities on the public distributed ledger.
Simplified Blockchain diagram. - What is Blockchain? PDF by METI (Ministry of Economy, Trade & Industry) Japan, 2016. https://www.meti.go.jp/english/press/2016/0531_01.html
With everything data storage for online applications moving to the cloud the horizons for all sorts of digital developers have broadened in constant expansion. The future (of data science and creative computer technologies) is now, and Blockchain dApplications are building the foundational infrastructure for generations to come. Here are some concise reliable sourced links to PDFs regarding Blockchain by definition.
Blockchain technology is decentralized, and there are two types;
- Public and Permissionless; meaning anyone can access without need for usernames and password and these Blockchains are publicly visible and easily accessible by anyone. A perfect example of this is the first implementation of Blochain, the open source, public Bitcoin Blockchain, anyone can create transactions and data to be allocated to it, and the entire ledger is public view. The Ethereum Blockchain, now possibly the largest Blockchain Network with several sub-chains or elastic-blockchains built off the Ethereum Mainnet, is also a a perfect example of a public permissionless blockchain network.
- Private and Permissioned; meaning anyone with username and password access to the various sections of the Blockchain based on access permissions can view and contribute. These blockchain/s belong to;
- Government Agency databases
- The Medical Society, The World Health Organisation implemented the use of Blockchain technology to log and store the valuable data relative the Covid19 Pandemic, from numbers of infected to PCR test results, which gives the indication of how WHO and the Global DOH's were dealing with the Pandemic Crisis and these figures assisted in how to proceed with the response.
- Large scale company inventories such as; Walmart, McDonalds, KFC and other global food supply chains.
Of course as with all new technology there are military applications before there are ever commercial ones, so let's just guess that Blockchain Technology is a combination of the highest security end to end encryption protocols used by the military and node networking used in P2P torrent based data exchange.
What is Blockchain? By definition...(these are the best descriptions and outlines IMHO)
"A blockchain is a record of chronological transactions, much like a traditional financial ledger. Each new set of transactions, “blocks,” are recorded and cryptographically linked to the previous record, forming a chain.
Key characteristics of a blockchain are:
(1) Integrity – records are cryptographically linked, making them nearly impossible to change;
(2) Transparency – because every network user has their own copy of the entire blockchain, updates are shared and transparent;
(3) Democracy – blockchains enable verification of peer-to-peer transactions to occur without a centralized mediator."
- Privacy Technical Assistance Center, U.S. Department of Education
"Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government).
At their basic level, they enable a community of users to record transactions in a shared ledger within that community, such that under normal operation of the blockchain network no transaction can be changed once published.
In 2008, the blockchain idea was combined with several other technologies and computing concepts to create modern cryptocurrencies: electronic cash protected through cryptographic mechanisms instead of a central repository or authority. The first such blockchain based cryptocurrency was Bitcoin." - Blockchain Technology Overview PDF, Information Technology Laboratory, U.S. Dept. of Commerce, 2018.
(Since this is somewhat of a draft will leave room for a re-edit)
Blockchain Visions Pt.1, 2 & 3 artwork by rechid monk designs...realitymeetsdreams appears on Mintable.App
Blockchain Visions: It goes way beyond Bitcoin.
Server technology for data storage in "data silos" is dated, and the adaption of Blockchain is here, it is more effective in application, more efficient and reliable, as well as a Peer-2-Peer system of data management and node networking that enables anyone willing and able to partake, which expands the capabilities of the network's reliability to the world. Most importantly, anyone being a node means a more efficient energy consumption with the energy consumption for computational processing being distribute around the world on smaller computer setups and not large server dedicated data silos.
Every industry can benefit from Blockchain, but the one which matters most to us is food, more so food traceability, in the event of the spread of communicable diseases via food products, the ability to back track a food issue and pull only that batch from a shelf, will not only aid in not contributing to global food waste, but also mean that the processes which lead to these errors can be easily pinpointed and rectified.
It can be clearly seen that as the technology develops and expands through adoption, Blockchain/s as a decentralized, global node networking data system will become the standard use case with all major networking corporations such as; Amazon, Google, IBM, Oracle and countless others adapting the technology for the benefit of efficiency, immutability and data storage.
Eventually we will see private permissioned blockchains housing our identification data, stored as null valued NFT's given that personal identifying data is one of a kind and immutable thus making it non fungible. This will be data and documents such as; Birth Certificate, Education Certifications, Occupational Qualifications and Licenses, Property Deeds and Titles, and any other forms of personal ownership information.
Through my recent studies over the course of the last 18 months a rather extensive list of links and PDF resources has been accumulated which I try to share as often as possible, currently updating my Google Drive Archive which has been compiled over the last 2 years, will drop an updated link here, in conclusion to this (rather lengthy spiel on Blockchain) will leave a set of links which has helped me to understand the concept and technology in application.
These links will educate.
Securing Art Using Blockchain Digital Certificates (left out any links to do with Blockchain and Art NFT's since that will be for another piece.)
Thanks for reading!
Am compiling essays on Ethereum Smart Contracts: Solidity and will do similar with some writing and a stack of resource links, and also an updated Artist's view on Digital Art and Multimedia Asset NFT's, since there seems to be a lot of disinformation and false information which separates NFT's from Cryptocurrency which is just not true. Will try to get another article up asap.
Richard Donovan Multi Discipline Artist...realitymeetsdreams | Rechid Monk | DeFi-Sciple