
Blockchain technologies are constantly evolving, offering new solutions in finance, logistics, law and many other areas. In this article, we’ll look at the whitepapers of the most popular blockchain platforms, such as Ethereum, Hyperledger, Bitcoin, and Ripple, and find out what makes each of them unique.
Ethereum
Ethereum is a decentralized platform that allows you to create and run smart contracts and decentralized applications (DApps) without intermediaries and the possibility of censorship. The Ethereum whitepaper covers many aspects, including:
- Ethereum Virtual Machine (EVM) : A detailed description of the Ethereum virtual machine that executes smart contract bytecode.
- Smart Contracts : A complete guide to writing, testing, and deploying smart contracts in Solidity.
- Consensus Mechanisms : Explaining Proof of Work (PoW) and transition to Proof of Stake (PoS) in the context of Ethereum 2.0.
- DApps Development : Guides and code examples for creating decentralized applications on the platform.
Hyperledger
Hyperledger is a set of collaborative tools designed to improve blockchain technologies for enterprise use. It includes several projects such as Hyperledger Fabric and Hyperledger Sawtooth. Technical documentation includes:
- Architecture : Description of a modular architecture that allows corporations to select components best suited to their needs.
- Network Management : Instructions for setting up, managing and scaling a blockchain network.
- Privacy and Security : Methods and settings to ensure data privacy and transaction security.
- Private and permissioned networks : How to create and use private permissioned blockchains for business applications.
Bitcoin
Bitcoin is the first cryptocurrency to use blockchain to ensure decentralization and secure transactions. Bitcoin whitepaper focuses on:
- Blockchain : Description of the structure of blocks, the process of their creation and how they are linked.
- Transactions : A detailed description of the mechanism of transactions, their verification and distribution in the network.
- Mining : The mining process, including the details of the Proof of Work algorithm and its role in network security.
- Security : Methods for protecting wallets and transactions, as well as measures to prevent
The documentation covers various aspects of the Bitcoin protocol, including:
- Bitcoin Core – Description of a complete Bitcoin node, including instructions for installation, synchronization and use.
- Bitcoin Script – A guide to the Bitcoin scripting language used to create transaction conditions.
- Bitcoin Improvement Proposals (BIP) – a description of the process of making improvements to the Bitcoin protocol and a list of accepted proposals.
- Bitcoin RPC – information about remote procedure calls (RPC) in Bitcoin and instructions for using them.
The Bitcoin documentation also includes detailed technical specifications, making it a valuable resource for developers who want to build solutions based on the Bitcoin protocol or contribute to the development of this technology.
Ripple
Ripple is a blockchain platform designed for fast and cheap interbank payments. Ripple technical documentation is available on the official website https://ripple.com/build/blockchain/ . The documentation covers various aspects of the Ripple platform, including:
- XRP Ledger – a description of the architecture and functionality of the XRP distributed ledger, including the consensus protocol and transactions.
- RippleAPI – A guide to using the Ripple API to integrate payments and other features into applications.
- Smart Contracts – information about smart contracts on the Ripple platform and instructions for creating them.
- RippleNet – description of the global financial network RippleNet and instructions for connecting to it.
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