ByteScout is an expert in Blockchain technology. Right now our team works on introducing it into our main products.

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Check our BLOG and recently published Articles About Blockchain:

Blockchain TutorialBlockchain Inside Our in Simple Words

Check this extensive tutorial about blockchain written in the style of comics. It helps you to get the idea of what blockchain really is and how it started. You will get familiar with the main definitions and history. Read more…

 

Ethereum TutorialEthereum: Distributed Turing Machine with Blockchain Protection

Learn everything about Ethereum and smart contracts in a funny, entertaining and simple style of this tutorial. You will get the examples, details and a bit of history in comics. Read more…

 

Smart Contracts Blockchain TOP-5 Smart Contracts and How to Use Them

All you need to know about types of smart contracts and how to use them. You find the examples of most popular crypto contracts and learn how blockchain evolved since 2009. Read more…

 

 

Blockchain InfluencersTOP-10 Blockchain Influencers in 2018

Learn more about people who contributed in the blockchain development and was their contribution during the recent period. Find out main trends, tendencies, and potential in this industry. Read more…

 

For those who are not familiar with this topic, here is a brief glossary of the main terms in Blockchain industry:

Blockchain

Is a cryptographed register of transactions around the world where anyone can participate, but nobody can control the database. You can easily keep any agreements and credentials there. Another advantage is that this system is decentralized and can store the data forever. It uses the bitcoins as cryptocurrency for operations.

Bitcoin

It is cryptocurrency used in Blockchain operations. It is decentralized and accessible to anyone with a computer or a smartphone. Middlemen are bypassed in this process that is why it remains outside the authority control.

Smart contracts

These are computer-based protocols that are mostly used to help verify, facilitate and improve the performance of contracts. In this case, transaction expenses are subsequently reduced and security is reinforced.

Ethereum

This software allows creating smart contracts and applications based on Blockchain technology – Daaps (decentralized apps). Ethereum facilitates the process of deployment as you can develop many applications within the same platform.