TL;DR — Yes, and No. It depends on what data you are talking about and how it is stored. This post is part of a series on Blockchain Architecture by Jared Stauffer. The next post is What Data Should be Stored on Blockchains and Why. One of the core tenets…

xDAI is a cryptocurrency that is pegged to the US Dollar*, has super low transaction fees, and fast transaction times. These features make it an ideal cryptocurrency to use for every day transactions like retail stores or peer to peer transfers. *What do you mean by pegged to the US…

In this article I will propose a network participants consensus model for blockchain supply chain projects. In most blockchain supply chain systems there exists two main problems: How do you incentivize network participants (NP) to actively and accurately participate in the network? The main vendor or the major purchaser in a supply chain could mandate that all downstream suppliers participate. How do you allow NP to participate in the value creation of the network?

How to Get xDAI / How to Convert DAI to xDAI / ETH > DAI > xDAI The Anatomy of a Blockchain Address Explained How to Connect to the Ethereum Blockchain in Code What is a Block Confirmation on Ethereum? How to Point a .XYZ Domain Name at Your Ethereum Address and Use it in Crypto Wallets How to Get the Balance of an Ethereum Wallet Address in Code How to Implement Basic Multisig in Ethereum via Smart Contracts (Multi-Party Consensus)

See How to Connect to Ethereum in Code to understand the first part of this how to that creates the connection to the Ethereum blockchain. Create the connection to the Ethereum Blockchain Call the web3.eth.getBalance function Why wrap this in a separate function (getEthBalance)? We do this because the web3…

What is DeFi and how it is going to have a revolutionary impact on the daily life of nearly every person on the planet. What is DeFi? DeFi, or Decentralized Finance, is a set of financial services that are: built on top of decentralized systems (blockchains), enforced by software (smart contracts), and censorship…

Now you can use a .xyz domain name instead of your Ethereum wallet address. Here is the (mostly) simple process to register and point a .xyz domain name at your long complicated Ethereum wallet address. Why would you do this? The next time you need to give someone your address to send you some crypto (ETH or ERC-20/ERC-721 tokens only), you can tell them…

When I send ETH, why do I have to wait for confirmations? What is a block confirmation?