The Technonaut: emerging technologies explained
The Technonaut: emerging technologies explained

The Technonaut: emerging technologies explained

Emerging technologies are the latest developments in various fields that are expected to drive major changes and improvements in the near future. These technologies are often at the forefront of scientific research and development, and they have the potential to revolutionize the way we live and work. Some examples of emerging technologies include quantum, extended reality, and blockchain. In this blog, we will take a closer look at these technologies and discuss their potential

In a Nutshell: optimistic vs zero-knowledge rollups in blockchain scalability solutions

22 Dec 2022 2 minute read 0 comments Basher17

ZK Rollups and Optimistic Rollups are both scalability solutions for blockchain networks that aim to increase transaction throughput by reducing the amount of data that needs to be processed by the entire network. Both of these solutions involve off-...

In a Nutshell: Layer-2 scaling solutions vs sidechains

22 Dec 2022 1 minute read 1 comment Basher17

Layer 2 blockchains and sidechains are both approaches that aim to improve the scalability and performance of blockchain networks by offloading some of the work from the main chain. They both allow for faster and cheaper transactions, but they differ...

How to setup your own Bitcoin Lightning Network (LN) node with Umbrel: step-by-step guide.

19 Dec 2022 1 minute read 2 comments Basher17

Running your own Lightning Network node with Umbrel is a straightforward process that allows you to participate in the Lightning Network and transact with other nodes on the network. Here is a step-by-step guide on how to set up your own Lightning Ne...

In a Nutshell: the Bitcoin Lightning Network (LN)

19 Dec 2022 2 minute read 1 comment Basher17

The Bitcoin Lightning Network is a layer 2 payment protocol that operates on top of the Bitcoin blockchain. It allows for fast, low-cost, and scalable transactions between participating nodes. The main goal of the Lightning Network is to enable near-...

In a Nutshell: fungible vs. non-fungible tokens (NFTs)

12 Dec 2022 1 minute read 1 comment Basher17

Fungible and non-fungible tokens (NFTs) are both types of digital assets that use blockchain technology to represent ownership of a specific item or piece of content. However, there are some important differences between these two types of tokens tha...

Decentralized filesystem protocols: how to store your NFT media on IPFS

12 Dec 2022 1 minute read 0 comments Basher17

IPFS, or InterPlanetary File System, is a decentralized network for storing and sharing files. It uses a peer-to-peer network to distribute files and ensure that they are stored in a highly available and redundant manner. This means that, unlike with...

In a Nutshell: Secure Multi-Party Computation

12 Dec 2022 1 minute read 0 comments Basher17

Secure multi-party computation (MPC) is a method for allowing multiple parties to compute a function on their inputs without revealing those inputs to each other. This allows for the execution of complex computations in a secure and private manner, m...

In a Nutshell: blockchain consensus mechanisms (PoW, PoS, etc.)

12 Dec 2022 1 minute read 1 comment Basher17

Blockchain consensus mechanisms are the mechanisms by which a blockchain network reaches agreement on the state of its distributed ledger. Consensus mechanisms are a fundamental part of blockchain technology, as they determine how transactions are va...

The Quantum threat: are your crypto safe against a Quantum attack?

8 Dec 2022 1 minute read 0 comments Basher17

Blockchain technology has revolutionized the way we store and transmit information, offering a secure and decentralized way of maintaining a digital ledger. However, the advent of quantum computing threatens to disrupt this technology, as it has the...

In a Nutshell: Quantum Key Distribution (QKD)

8 Dec 2022 1 minute read 0 comments Basher17

Quantum key distribution, also known as quantum cryptography, is a method of securely transmitting information using the principles of quantum mechanics. This technology allows two parties, typically referred to as Alice and Bob, to communicate over...