Steemit Crypto Academy Contest / S11W5 ||Steem blockchain age

in hive-108451 •  last year  (edited)


Greetings to All



I wish you all will be great by the blessings and mercy of Almighty Allah and enjoying beautiful days of your life. Welcome to my this publication that is participation in the Engagement Challenge season 11 Week 5 in Steemit Crypto Academy. The topic for the contest is about the blockchain age so let's start it.

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Designed by Wepik



What is the Genesis blockchain? Explain its meaning. Show screenshot of the Genesis block of the Steem blockchain.



Genesis block refers towards the foundation element of most blockchain network. It is said as if very first block in a blockchain. It serves as the starting point for the entire blocks in network and is typically hard coded into the protocol. It is the initial block that marks the birth of the blockchain.

It is a special block that contains the initial data for the network such as network Genesis, time stamp difficulty and reward.The Genesis block is also often used to store the networks founding principles or mission statement. It is the first block and other blocks in the network are linked to it ensure the security and integrity of the network.

Without the Genesis block the blockchain network would not be possible.

The Genesis block has a few special characters such as...

No Parent Block

Unlike other blocks in the blogs in the Genesis block does not have any parent block because there is no block before it and Genesis block is considered as the fundamental element or block that actually start a blockchain.

Initial Parameters

Genesis blocked defines certain initial parameters of the black chain such as initial distribution of tokens if blockchain has its own cryptocurrency the times stamp for block creation and sometimes even special message or dedication.

Immutable

Once the block is created and blockchain network starts functioning the information with the Genesis block is immutable it cannot be changed without a significant consensus and network upgrade.

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Image taken from Source

Genesis blog serves as the foundation upon which all subsequent blocks are built and each new block in the blocks and contains reference to previous unique block forming a chronological chain of blocks that collectively represent the entire transaction history of the blockchain.

Gensis Block of Steemit Blockchain

To check the genesis block of the Steem blockchain on SteemWorld, you can follow these steps:

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  • Open your web browser and go to the SteemWorld website: steemworld
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  • Click on the Blockchain Explorer tab. This is where you can input the block number or block ID to retrieve information about specific blocks. The genesis block is the very first block, so its block number is typically "1."
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The Steem Genesis block was mined on March 24, 2016, by the user justinsuntron. It contains the following data:

  • Genesis timestamp: 2016-03-24T01:35:05
  • Difficulty: 1
  • Reward: 50 STEEM
  • Message: SteemIt launched

The Genesis block is an important part of any blockchain network. It is the foundation of the network and ensures its security and integrity.



What is the last block produced? Determine the total time of the Steem blockchain, used the production date of the Genesis block and the production date of the last block.



As of August 24, 2023, 14:44:51 PM the last block produced on the Steem blockchain is block 350,912,227. It was mined on August 24, 2023, 14:44:19 PM.

The Steem blockchain was launched on March 24, 2016, 01:35:05 UTC. This means that the Steem blockchain has been operating for 2,206 days, 13 hours, 4 minutes, and 19 seconds as of August 24, 2023, 14:44:51 PM.

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Image taken from Source

To calculate the total time of the Steem blockchain, we can use the following formula:

Total time = (Block number -
Genesis block number) *Block time

The block time on the Steem blockchain is 3 seconds. So, the total time of the Steem blockchain is:

(350,912,227 - 0) * 3 
= 1,052,736,671 seconds

1,052,736,671 seconds 
/ 60 minutes/hour=17,545,611 hours

17,545,611 hours / 24 hours/day 
= 731,063 days

Therefore, the Steem blockchain has been operating for 731,063 days as of August 24, 2023, 14:44:51 PDT.



Explain the downtime of a blockchain - why can it occur?



Down time is when a blocks in network is unavailable for the user to perform transactions down time can occur for a variety of reasons and some of the major reasons for the down time of any blockchain systems are explained below.

Technical issues

Hardware or software problems can cause nodes on the network to malfunction preventing them from communicating with each other and processing transactions in any blockchain.

Network congestion

If there is a processing of two many transactions at the same time the network can become congested and slow down that leads towards delays or even outages.

Hacking attacks:

Another reason behind the downtime of any blockchain is the involvement of hackers that can exploit vulnebabilities in the network security to disrupt or disable it.

Natural disasters

Another reason behind down time is extreme weather events such as floods that can damage data centres or power grids and lead towards the network problems.

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Image taken from Source

Down time have a significant impact on the usability and reliability of any blockchain beacuse it leads towards the financial losses for users who are unable to complete the transactions. As precaution to minimise the risk of downtime blocks and networks are typically designed with fault tolerance features. This means that if one node fails, other nodes can continue to operate and process transactions.

Blockchain networks are monitor constantly for sign of trouble and security updates are released regularly instead of these precautions down time can still occur from time to time. When it downtime in blockchain occurs developers and operators work quickly to restore service and minimize the impact on users.



Has the Steem blockchain experienced downtime? If it has presented downtime, explain, mentioning the cases.



Yes this Steem blockchain has experienced down time on a few occasions

March 2018

The Steem blockchain was down in these days for several hours due to bug in the code. This bug a chain split where two different versions of blockchain were created it caused some disruption to users.

May 2018

The Steem blockchain was down for several hours due to a DDoS attack. The attack caused the network to become congested and slow down making it difficult for nodes to communicate with each other and process transactions. The issue was eventually resolved, but it caused some disruption to users.

January 2020

The Steem blockchain was down for several hours due to a hardware failure at one of the networks data centers. The failure caused the network to become unavailable for users. The issue was eventually resolved, but it caused some disruption to users.

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Image taken from Source

The Steem blockchain as also experience some minor outages and brief periods of loan as or instability that were resolved quickly and does not cause any major disruption.Overall the Steem blockchain has a good track record of uptime. Steem developers and operators work quickly to restore service and minimize the impact on users.



Conclusion



Genesis block is actually the first block of any blockchain or can be said as starting point. Here I have calculated the production time of last block. Down time of any blockchain occur due to many reasons such as natural disasters power shortages etc.

So that was all from my side about the topic and I hope that you all will like to read the post and support the content

I would like to invite

to participate in the contest

Thanks for Reading
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Ya son más de 7 años de edad desde que nació Génesis, la blockchain aún es joven, gracias a Steemit muchos usuarios han crecido y desarrollado su talento y creatividad.

Espero que siga evolucionando y mejorando, son mis mejores deseos.

Saludos y éxitos.

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🔐🌱 @mateenfatima Your comprehensive overview of the Steem blockchain's journey Through time is Truly enlightening ! Thanks for breaking down the key stages and milestones with such clarity . Your knowledge Is appreciated! 👏🚀

You write a very well detailed and good post on this topic and you have calculated the age of steem with your brilliant method. Thanks for sharing this with us. I wish you good luck in this challenge.

Greetings Sis 😀
You have published your article in a very interesting manner and made it easily to understand the exact age of Steem Blockchain. You have also some events in which the Steem Blockchain has experienced downtime. Overall you have made a great effort in writing that article.
Best wishes 🍀🤞

Assalamu alaikum aap kaisi ho Main ummid Karti hun ki aap bilkul theek Hogi aur aap apni life enjoy kar rahi Hogi agar main aapki post ki baat Karun to aapane isko bahut acchi Tarah se explain Kiya hai Lekin kuchh questions mein aapko chahie tha ki aap thoda sa aur explain kar deti.

Agar main aapke content ki baat Karun to mujhy ic may Koi kharabi Nahin lagti Mere khyal se aapane har chij ko acchi Tarah se explain Kiya hai bus thoda sa detail mein jaane ki jarurat Thi iske alava aapane jaane se block ko iski definition ko aur isko check karne ke method ko acchi Tarah cover Kiya hai aur aapane down time aur uski reasons ko bhi explain Kiya hai iske sath sath down time ko steem blockchain se bhi relate Kiya hai Main aapko good luck kehyi Hun

Saludos amiga, muy buena forma de abarcar este tema. Por supuesto, el bloque génesis al ser el primero de todos, representa el punto de partida de la cadena de bloques.

Muy bien explicado aquellos casos que pueden provocar la inactividad de bloques. Ciertamente el sistema ha presentado muchos casos de inactividad debido a errores, fallas de hardware o ataques cibernéticos.

Te deseo muchos éxitos en el concurso, feliz día!