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What is the Blockchain?

A blockchain is a system of transactions distributed across a network of
computers. All blocks are connected to one another, and each block contains a
number of transactions (a ledger). The ultimate goal of a blockchain is to allow
digital information to be recorded and distributed, but to remain immutable.
This remarkable technology has several applications in numerous industries
including travel, healthcare, real estate and especially decentralized finance
(DeFi).

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ABOUT THE CLUB

Our mission is to bring together a community of passionate individuals to
explore and work in blockchain ecosystems like Web3 companies or their own
startup. We facilitate and promote growth through events, including technical
workshops, meetups with industry experts, and supporting student attendance at
conferences. We are nurturing Waterloo's blockchain community, creating spaces
for new connections and exchanging ideas through events.

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Partnerships

Blockchain club creates an environment for organizations to connect with
talented individuals passionate about the crypto space. We offer a direct line
of communication to our community which can help disseminate projects, offers,
and events.

Learn with Us

Workshops

Our current events are primarily targeted at skill development, examples include
hackathons, CTFs, workshops and educational seminars. We average around 50
student participants for in-person events, providing educational and technical
resources to fellow developers (new and veterans).

Educate with Us

Research

We create value for the broader blockchain community through research and
development, our membership has a wide range of technical backgrounds, with some
developing start-ups in the Defi and NFT space, and some who were just onboarded
to the Web3 space. DYOR!


READ OUR WORK

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#Web2
#Web3

Web 2.0 vs Web 3.0

Web 2.0 and Web 3.0 are successive iterations of the web. Web 2.0 is the version
that most people know and use today, which is the internet. The internet is
where companies provide services to users in exchange for their data. Web 2.0
developed the growth of user-generated content along with its compatibility and
usability for users. Web 3.0 is built on the concept of decentralization which
refers to a system where control is transferred from a central authority to a
distributed network. In Web 3.0, decentralized apps are run on the blockchain
and the apps allow users to participate without giving up their data.

#blockchain
#bitcoin

Bitcoin? What is it?

Bitcoin is the first ever successful cryptocurrency and payment system to ever
exist and it was first launched in 2009 by creator Satoshi Nakamoto who is a
presumed pseudonymous person. Bitcoin is a virtual currency that is designed to
act as a form of money and payment that removes the need of a middleman in
financial transactions. It can be rewarded to blockchain miners for their work
on verifying transactions and it can also be bought on several exchanges.

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#usage

Crypto Wallet, More than an Address Book?

A crypto wallet is where users can keep their private keys and passwords to gain
access to their cryptocurrencies. Wallets can come in several forms such as
Hardware wallets(ledger, usb stick), or mobile apps like coinbase. Crypto
wallets are crucial to anyone that owns crypto currency. Unlike regular wallets,
crypto wallets do not store your crypto, which is live on the blockchain;
however it keeps your private keys that provide the proof of ownership that
users have on the crypto. If the users lose their private keys then they lose
access to their crypto, so keep your wallet secure!

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