25 OCT 2017 by ideonexus

 Blockchains

Ownership on the Bitcoin blockchain is determined by a pair of cryptographic keys. The first, called the public key, resides in the blockchain for anyone to see. The second is called the private key, and its owner keeps it safe from view. The two keys have a special mathematical relationship that makes them useful for signing digital messages. Here’s how that happens: Helmut takes a message, combines it with his private key, does some calculations, and ends up with a long number. Anyone who...
Folksonomies: blockchains technology
Folksonomies: blockchains technology
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05 MAR 2015 by ideonexus

 The Monte Carlo Method and Evolutionary Algorithms

Back then, I thought of one thing: Have you heard of the Monte Carlo method? Ah, it’s a computer algorithm often used for calculating the area of irregular shapes. Specifically, the software puts the figure of interest in a figure of known area, such as a circle, and randomly strikes it with many tiny balls, never targeting the same spot twice. After a large number of balls, the proportion of balls that fall within the irregular shape compared to the total number of balls used to hit the ci...
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