--- title: "Understanding Blockchain and Smart Contracts" url: https://daily.dev/posts/understanding-blockchain-and-smart-contracts-8mrekpjox source_url: https://levelup.gitconnected.com/understanding-blockchain-and-smart-contracts-9f039078aade?source=rss----5517fd7b58a6---4 type: article source: "gitconnected" published: 2022-04-29T00:51:19.637Z updated: 2022-04-29T00:51:19.637Z tags: ["blockchain", "cryptography"] reading_time: 5 upvotes: 30 comments: 1 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Understanding Blockchain and Smart Contracts **[gitconnected](https://daily.dev/sources/gc)** · 5 min read · 30 upvotes · 1 comments ## Summary In this blog post, I discuss the design of a distributed cache. Given the enormous interest in Web3 technologies, I wanted to take a deep dive into understanding the applications of blockchain, how they are built, and what system design principles underpin them. Some terms such as Merkle Trees, Proof-Of-Stake, and Proof-of-Work systems will require separate blog posts. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Community discussion Top comments from developers on daily.dev. **@abc0xmattyic333** · 0 upvotes > Thanks for making this available! ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 0 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#blockchain](https://daily.dev/tags/blockchain), [#cryptography](https://daily.dev/tags/cryptography) [View this post on daily.dev](https://daily.dev/posts/understanding-blockchain-and-smart-contracts-8mrekpjox)