Blog
Welcome to the Blog section of the BCAM
Here, members of the Blockchain Academie Mittweida publish about Blockchain and point out news, results and innovations.
Review on Decentralized Storage Services
Last Updated on 12. August 2024 by Martin Schuster Data stored at a centralized location such as data centre are vulnerable to single point of failure. It requires user to trust the storage provider that his data would not be tamper. Such systems are also exposed to Denial of service
Calculation of Bitcoin Transaction Fees Explained
Last Updated on 12. August 2024 by Martin Schuster In this article, we will explain what bitcoin transaction fees are and how they are calculated. Bitcoin transaction fees are paid whenever the owner of bitcoins wants to make a transaction. They are an incentive for the miner to include the
What is BIP39? And Why Should You Care?
Last Updated on 12. August 2024 by Martin Schuster The Bitcoin Improvement Proposal 39 (BIP39) introduced so-called mnemonic code or phrases. A mnemonic code describes a group of easy-to-remember words that are used for the generation of deterministic wallets. With these words, it is possible to regenerate private and public
Tips for Creating Smart Contracts 2/2
Last Updated on 12. August 2024 by Martin Schuster After we showed you some guidelines and techniques for developing Smart Contracts (Part One), we want to compare different methods of deploying a Smart Contract. This part is highly dependent on the type of contract you want to deploy. Once again,
Tips for Creating Smart Contracts 1/2
Last Updated on 12. August 2024 by Martin Schuster This article aims to give an overview of tips and techniques for saving gas cost when creating a Smart Contract. The article is divided into two parts. The first part focuses on some general guidelines and technique on how to create
How Decentralized is DeFi? – Part 3/3
Last Updated on 12. August 2024 by Martin Schuster If you have missed the previous parts, you can find part 1 here and part 2 here. In this part, we will take a look at some selected DeFi services like NFTs and decentralized exchanges. NFTs First, we need to understand
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