Showing posts from July 28, 2023
What is SegWit? As the part of Soft fork, Bitcoin has adopted a solution to fix transaction malleability known as Segregated Witness or SegWit. What is transaction malleability? The possibility to indirectly modify transaction IDs and hashes is known as …
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What are blockchain forks and its consequences? A fork (in the context of blockchain) is a technical phenomenon that occurs when a blockchain splits into two separate branches/or chains. The two chains share their transaction histor…
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What is Gas fee, Gas limit, Ethereum Virtual Machine (in Ethereum Network)? What do you need to pay in Bitcoin Network? All miners validating the blocks to the chain are paid ‘block reward’ along with the transaction fees, right? While…
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