polthedev | Web3 Developer
@polthedev
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Crafting secure Web3 solutions | Head of Development @Rev3alTech
Worldwide
Joined July 2019
What's your biggest challenge when it comes to learning Solidity or coding in general? Share your thoughts below, let's learn from each other.
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To sum it up, learning #Solidity or any coding language is a journey full of ups and downs. Persistence, patience, and a healthy attitude toward mistakes are your best companions. Happy coding!
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Never hesitate to ask for help. Be it from a colleague, a mentor, or even from the wonderful people on Twitter. Learning is a community effort. You're never alone in this journey.
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Remember, even the most seasoned developers don't know everything. Tech is always evolving, and that's what makes this field so exciting. Stay curious, stay hungry. The reward is in the journey, not just the destination.
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Learning to code, like any skill, is not a sprint but a marathon. Some concepts will click instantly, while others may take days or weeks to sink in. Patience is key. Give yourself the time you need to fully grasp the material.
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Expect to make mistakes. Lots of them. But that's how we learn. Every error message is a lesson, guiding you to better and more efficient coding. Embrace the errors. They're your silent teachers.
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When faced with a challenging concept, don't give up! Instead, break it down into smaller parts. If you're struggling with a function or a piece of syntax, try to understand each component. Write it down, play around with it, make it tangible.
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It's easy to get overwhelmed when you first dip your toes into the world of #Solidity. It's a unique language with its own set of rules and nuances. But remember, every expert was once a beginner. It's okay to not understand everything at first.
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Another is Proof of Authority (#PoAuthority), a reputation-based model where validators are chosen based on their identity and reputation. VeChain uses PoA, ensuring speed and scalability.
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There's also Proof of Burn (#PoBurn), where miners must 'burn' or 'destroy' some coins to mine a new block. Slimcoin is an example of a cryptocurrency that uses this consensus algorithm.
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Take #ProofOfActivity for instance. It's a hybrid mechanism that combines PoW and PoS to get the best of both worlds. Decred (DCR) is one example using this protocol.
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But, we don't stop here. There are many more consensus mechanisms beyond PBFT and DPoS, each with pros and cons. Let's explore a few...
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Why #DPoS? It's much more energy-efficient than Proof of Work, and it's quicker too. However, critics argue it can lead to centralization, as the power tends to concentrate in the hands of a few elected delegates.
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Now let's shift to Delegated Proof of Stake, or #DPoS. It's a democratic system where token holders elect representatives (delegates) to validate transactions and maintain the blockchain. One real-world example is the EOS blockchain.
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PBFT's primary advantage? It's incredibly fast and can handle thousands of transactions per second. But the downside is, it doesn’t scale well with large numbers of nodes, making it best suited for permissioned, enterprise blockchains.
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First up, PBFT, or Practical Byzantine Fault Tolerance. PBFT offers a solution to the Byzantine Generals Problem by requiring 2/3 of nodes to agree on a value before it's committed to the blockchain. Hyperledger Fabric is a good example of this in action.
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🧵 Let's dive into the world of #ConsensusMechanisms, a critical aspect of any #blockchain network! We'll focus on PBFT and DPoS, along with a peek into what lies beyond. 🚀
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The decentralized nature of IPFS brings several benefits, including increased data redundancy, censorship resistance, and improved data availability. It has the potential to revolutionize content sharing, file storage, and distributed applications in the web3 era.
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IPFS operates on a principle called 'Content-Addressed Storage.' Instead of relying on centralized servers, files are stored based on their cryptographic hash, ensuring integrity and allowing for tamper-proof data retrieval.
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With IPFS, files are split into smaller chunks and stored across a network of nodes. Each chunk is given a unique hash that serves as its address. This enables efficient and decentralized file storage, as well as quick retrieval based on content addressing.
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