Explore the fundamentals and potential of blockchain technology in this 59-minute Tech Tuesday talk. Delve into the unique properties of blockchain, its landscape beyond shared ledgers, and current business applications. Learn about Web3 wallet growth, daily immutability, and the differences between blockchain and traditional databases. Understand hashing, proof of stake, approval authority, and smart contracts. Examine various transaction models and use cases, including decentralized finance and identity. Gain insights into the future of blockchain-based applications and participate in a Q&A session to deepen your understanding of this transformative technology.
Blockchain 101: How They Work and What They Enable