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Blockchains explained visually (part 1 of 2)

unwttng.com

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Re: Blockchains explained visually (part 1 of 2)

#21

Post by unwttng »

Moru wrote: post #20
Freak_NL wrote: post #17

> Toggle pointless gifs off First time I've seen that. That should really be the standard for any author who decides to pepper their articles with 'memes' and other unrelated distractions. Perhaps this is a cultural or generational thing that I am interpreting in the wrong way, but whenever I follow a link to a blog post filled with these kinds of distracting animated pictures I tend to just give up on the article af…

There was a lot of complaints a few weeks ago on an article with animated gifs. That person changed the homepage with a toggle, mabe it's the same person?

It's the same person! That person is me.

Re: Blockchains explained visually (part 1 of 2)

#22

Post by unwttng »

Freak_NL wrote: post #17

> Toggle pointless gifs off First time I've seen that. That should really be the standard for any author who decides to pepper their articles with 'memes' and other unrelated distractions. Perhaps this is a cultural or generational thing that I am interpreting in the wrong way, but whenever I follow a link to a blog post filled with these kinds of distracting animated pictures I tend to just give up on the article af…

If it's the first time you've seen it, can I recommend the article that started it a few weeks back https://unwttng.com/compression-decompressed

Re: Blockchains explained visually (part 1 of 2)

#24

Post by PappaPatat »

unwttng wrote: post #21
Moru wrote: post #20

Earlier quoted context omitted.

There was a lot of complaints a few weeks ago on an article with animated gifs. That person changed the homepage with a toggle, mabe it's the same person?

It's the same person! That person is me.

Hi Jack, thanks for the nice write up, I will happily revere people who like to understand some basics of the blockchain to it.

A pity you site does not (yet :P ) have an rss feed for I'd like to follow your efforts.

Re: Blockchains explained visually (part 1 of 2)

#25

Post by vpny »

Freak_NL wrote: post #17

> Toggle pointless gifs off First time I've seen that. That should really be the standard for any author who decides to pepper their articles with 'memes' and other unrelated distractions. Perhaps this is a cultural or generational thing that I am interpreting in the wrong way, but whenever I follow a link to a blog post filled with these kinds of distracting animated pictures I tend to just give up on the article af…

"I just can't fathom why someone who wishes to inform or enlighten readers on a certain topic feels the need to include a plethora of irrelevant distractions."

Preach brother. It's memes and puns everywhere. I default to considering them lame attempts at wit. A ploy for attention. I want to believe they serve a small intermission but that's never the case.

If you're going to settle for this style of writing make the image or gif context relevant -- perhaps an illustration relating to the subject matter. Anything else is simply a distraction.

Nice article otherwise.

Re: Blockchains explained visually (part 1 of 2)

#26

Post by exolab »

andreasklinger wrote: post #6
ahussain wrote: post #3

The best explanation of blockchain has to be (unsurprisingly) 3Blue1Brown: https://www.youtube.com/watch?v=bBC-nXj3Ng4 Would highly recommend watching this video for anyone who hasn't already.

My favorite: https://www.youtube.com/watch?v=_160oMzblY8 It explains from ground up without getting complicated - it basically demystifies the whole thing completely i give this to everyone - even to non technical people

Where is part 2? :)

Re: Blockchains explained visually (part 1 of 2)

#27

Post by avip »

unwttng wrote: post #21
Moru wrote: post #20

Earlier quoted context omitted.

There was a lot of complaints a few weeks ago on an article with animated gifs. That person changed the homepage with a toggle, mabe it's the same person?

It's the same person! That person is me.

We want the shitcoin.com domain!

Re: Blockchains explained visually (part 1 of 2)

#28

Post by k__ »

I always read that crypto currencies will replace money, because they are distributed.

But does a blockchain, that is at the core of every(?) crypto currency really scale well?

Keeping the whole ledger constantly available seems rather storage and traffic intensive to me.

Re: Blockchains explained visually (part 1 of 2)

#30

Post by seanalltogether »

One thing that never clicked with me before is that the blockchain is really just a historical ledger, its not actually referenced in real time. When you send a transaction out on the network, nobody is actually validating it against the blockchain. Instead every node is expected to process the blockchain to produce a realtime database called the UXTO which provides a fast lookup to tell you if coins can be spent or not. So the blockchain is a history or transactions, while the UXTO is a statement of all current balances.

So while the BTC blockchain is 137 GB in size, the UXTO is only 2.7 GB which easily fits in memory.

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