Sublime

But how is the image generated/rendered? Unfortunately, the image is not generated on-chain. The smart contract only stores a JavaScript script needed to render the image. Art Blocks’ frontend then queries this script and generates the image on-demand in its traditional backend, not the blockchain backend.

bitcoin cannot fulfill its basic role as a currency. Its historical fate is to provide a haven from maniacal governments and central banks and a harbor for a great innovation, the blockchain.

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Nakamoto came up with a twofold solution. One component was his breakthrough blockchain ledger. Under its design, transactions are arranged in chronologically arrayed blocks that give miners the ability to verify their contents by comparing them to the historical ledger of account balances. Once satisfied, they acknowledge their approval by moving

The reward mechanism is based on the assumption that all network actors are potentially corrupt, and therefore the process of writing transactions to the blockchain is intentionally made difficult and inefficient, making it costly for malicious actors to attack the network.

The Bitcoin network and other distributed ledgers all represent a collectively maintained public infrastructure and are the backbone of the next generation Internet, what the crypto community refers to as the Web3.

La blockchain (ici celle du Bitcoin) remplit bien sa promesse de rendre possibles des transactions numériques sécurisées en pair à pair (donc sans intermédiaire). Sur un point toutefois, l’engagement n’est qu’à moitié tenu : les participants n’opèrent pas sans aucune identification, comme le voudrait un système véritablement anonyme (quand nous