Blockchain Primer

A number of independent but related ideas must be understood before a deep discussion of the blockchain landscape or explanation of the structure and function of the Gajumaru can be fully appreciated. The following is a brief explanation of the points most relevant to understanding our project and distributed ledger technologies (DLTs) in general.

Subjects:

The Nature of Money
Monetary Mechanics
Inflation, Deflation, Coins, Tokens, and Prices
Distributed Ledger Technologies (DLTs)
Blockchain
Transaction
Mempool
Leader (s)election
Proof of Work
Mining
The Mint Function, Blockchain Inflation, and Currency Debasement
The Blockchain Trilemma
Consensus
Finality
Smart Contracts
The Sophia Language