Uncategorized
What is a transaction hash / hash ID?
A transaction hash/id is a unique string of characters that is given to every transaction that is verified and added to the blockchain. In many cases, a transaction hash is needed in order to locate funds. It commonly appears at the top of the page when viewing your transaction through a block explorer website, or can […]
What is IPFS?
IPFS stands for Interplanetary File System. At its core it is a versioned file system which can store files and track versions over time, very much like Git. It also defines how files move across a network, making it a distributed file system, much like BitTorrent. In combining these two properties, IPFS enables a new permanent web and augments the […]
What Is Proof of Work (PoW)?
Proof of work (PoW) describes a system that requires a not-insignificant but feasible amount of effort in order to deter frivolous or malicious uses of computing power, such as sending spam emails or launching denial of service attacks. The concept was subsequently adapted to securing digital money by Hal Finney in 2004 through the idea […]
What Is Cryptocurrency?
Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real […]
What is blockchain technology and how does it work?
A blockchain is a public digital ledger of transactions that records information in a way that makes it difficult to hack or alter. The technology allows a secure way for individuals to deal directly with each other, without an intermediary like a government, bank or other third party. A blockchain is a public digital ledger of […]
ETHO Protocol Blockchain
Why was the ETHO Protocol Developed? Free-speech and anti-censorship are the cornerstones of any democracy but with the rise of de-platforming and online censorship, media platforms our society relies on are becoming more and more unreliable for the average user. Free-flowing information and ideas are almost always catalysts for the next stages of societal evolution […]