Welcome to the Consensus Based blog!

If you have already checked About, you know that my name is Johan Loo. I am a tax lawyer and a research associate at the Utrecht University (Special Interest Group Blockchain for Societies).

This blog covers news, backgrounds and technical analysis about blockchain and blockchain use cases. One of the use cases is cryptocurrency but not the same as blockchain! As you will discover, cryptocurrency is not the only blockchain use case (but it is the most well-known).

As a lawyer I find it very exciting how blockchain can change the law. Blockchain has also the potential to be disruptive. Many sectors will increasingly be affected by blockchain in the future.

My goal of this blog is to create more awareness and cover blockchain and blockchain use cases in an easy-to-understand and accessible way. 

I post new blogs on a very regular basis. If you have any comments, suggestions, new ideas or subjects you want me to discuss, I would love to hear them. I also appreciate your feedback to the blog. Use the form under Contact to get in touch.

I really appreciate you taking time out of your busy day to check out my blog! 


Blogposts 

EIP 4844: next level scalability

In the fast-paced world of blockchain technology, the pursuit of scalability and sustainability remains a paramount concern. Ethereum Improvement Proposal 4844 (EIP-4844) emerges as a beacon of innovation, offering a nuanced approach to address these critical challenges. In this blog post, we delve into the intricacies of EIP-4844 and its implications for the future of blockchain.

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Contributor alert

I am excited to contribute to Extra Tech Corner as a tax lawyer with extensive experience in the intersection of tax law and technology. My professional journey has equipped me with a deep understanding of the complex tax implications that accompany emerging technologies, particularly in the rapidly evolving blockchain and cryptocurrency space. In addition to my legal practice, I am the author of a blog focused on blockchain technology, where I explore the legal and regulatory challenges . By joining Extra Tech Corner, I look forward to sharing my insights and expertise with the community, offering a  perspective that blends legal knowledge with a passion for technological innovation. My goal is to contribute meaningfully to discussions on how technology is reshaping the legal and financial landscapes.

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Blockchain and the floral industry

Blockchain technology has the potential to transform the floral industry by increasing transparency, reducing waste, and ensuring ethical practices. With blockchain, every step of the supply chain can be tracked, from the origin of the flowers to their delivery to the end customer. This allows for increased accountability and can help prevent fraud, such as mislabeling the country of origin or using pesticides that are banned in certain regions. Additionally, blockchain can reduce waste by optimizing transportation routes and preventing overproduction. This can lead to cost savings for both growers and consumers. Overall, blockchain technology has the potential to revolutionize the floral industry by creating a more sustainable and transparent supply chain.

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Blockchain and Metaverse: interoperability

An interesting development is how blockchain can cooperate with the metaverse. The metaverse is still a bit surreal, and not many people believe the metaverse is going to have an impact. Which way this development will go is anyone's guess. Nevertheless, it will be interesting to see how metaverse and blockchain can work together.

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Build your own blockchain network? Some tips.

Ever wanted to build your own blockchain network? to do so, you need basic code to build a network. In this blog, I will provide a basic code to build your own blockchain network. The blockchain network code can be more complex than in this blog, but you need to start somewhere!

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Do it yourself: sample blockchain code and Proof of Work code

If you would like to build your own blockchain, you need code to do it. In this blog, I will provide you with a some general code that you can use to build your own blockchain network. Another important component of a blockchain is a consensus mechanism. In this blog, I will also provide general code of the Proof of Work consensus algorithm.

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