Decentralized consensus mechanisms are systems used by distributed networks to agree on shared information without needing a central authority. They ensure that all participants in the network have the same data and can trust that it is accurate. These mechanisms are crucial for maintaining security and preventing fraud or errors in systems like blockchains.
Category: Blockchain
Layer 2 Transaction Optimization
Layer 2 transaction optimisation refers to methods and technologies that improve the speed and reduce the cost of transactions on blockchain networks by processing them off the main blockchain, or Layer 1. These solutions use separate protocols or networks to handle transactions, then periodically record summaries or proofs back to the main chain. This approach…
Blockchain Scalability Metrics
Blockchain scalability metrics are measurements used to assess how well a blockchain network can handle increasing numbers of transactions or users. These metrics help determine the network’s capacity and efficiency as demand grows. Common metrics include transactions per second (TPS), block size, block time, and network throughput.
Cross-Chain Knowledge Sharing
Cross-Chain Knowledge Sharing refers to the process of exchanging information, data, or insights between different blockchain networks. It allows users, developers, and applications to access and use knowledge stored on separate chains without needing to move assets or switch networks. This helps create more connected and informed blockchain ecosystems, making it easier to solve problems…
Decentralized Data Validation
Decentralised data validation is a method where multiple independent parties or nodes check and confirm the accuracy of data, rather than relying on a single central authority. This process helps ensure that information is trustworthy and has not been tampered with. By distributing the responsibility for checking data, it becomes harder for any single party…
Smart Contract Verification
Smart contract verification is the process of checking that the code of a smart contract does exactly what it is supposed to do, without errors or vulnerabilities. This helps to ensure that the contract runs as intended and cannot be easily exploited. Verification can involve reviewing the code manually, using automated tools, or mathematically proving…
Blockchain-Based Model Auditing
Blockchain-based model auditing uses blockchain technology to record and verify changes, decisions, and actions taken during the development and deployment of machine learning or artificial intelligence models. This creates a secure and tamper-proof log that auditors can access to check who made changes and when. By using this approach, organisations can improve transparency, accountability, and…
Blockchain for Supply Chain
Blockchain for supply chain means using digital records that cannot be changed to track products as they move from the factory to the customer. Each step, like manufacturing, shipping and delivery, is recorded and shared with everyone involved. This makes it much easier to check where products come from and helps prevent mistakes, fraud or…
Blockchain for Data Provenance
Blockchain for data provenance uses blockchain technology to record the history and origin of data. This allows every change, access, or movement of data to be tracked in a secure and tamper-resistant way. It helps organisations prove where their data came from, who handled it, and how it was used.
Blockchain-Based Identity Systems
Blockchain-based identity systems use blockchain technology to create and manage digital identities in a secure and decentralised way. Instead of storing personal data on a single server, information is recorded across a distributed network, making it harder for hackers to tamper with or steal sensitive data. These systems often give users more control over their…