Have you ever been asked how blockchains work?

in #blockchain5 years ago

If you've ever been asked how blockchains work, you'll know that it usually requires some pen and paper demonstration. Often times, people are still left wondering exactly what a blockchain's primary function is. Well, I have started developing a site specifically for that conversation (and because I was really bored yesterday). So, here it is, StrongBoxCoin.com

StrongBoxCoin.com is just a simple, single-instance example of a functioning blockchain. It is not peer-to-peer; although, I'm considering making it work that way as well for fun. It is Proof-of-Work driven where the difficulty is simply how many leading zeroes are in the hashes. It also sets it's own difficulty as more blocks are discovered. When blocks of a higher difficulty than required are discovered, there is a bonus reward to the miner. This really serves no purpose other than it seemed like a good idea at the time.

I'll probably put up source code and whatnot after I have all the kinks worked out (right now there's no safety for things like sending funds from the same wallet to the same wallet, which will still charge a fee but will also make the mining system extremely gameable and broken. I'll also be adding a tutorial and tooltips at some point to go into more detail about how it all works behind the UI.

For now, I hope it's at least entertaining.

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