Blockchain-crypto-pycoin

A Python blockchain app, running transactions of a cryptocurrency named Pycoin.

Important : This project is for educational purposes only and the source code shouldn't be use in production as it doesn't have good security, doesn't scale well and lacks many important features.

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The github repository contains a basic implementation of a blockchain and its client using Python. This blockchain has the following features:

Possibility of adding multiple nodes to the blockchain

• Proof of Work (PoW)
• Simple conflict resolution between nodes
• Transactions with RSA encryption

The blockchain client has the following features:

• Wallets generation using Public/Private key encryption (based on RSA algorithm)
• Generation of transactions with RSA encryption

Dependencies

• Works with Python 3.8
• Anaconda's Python distribution contains all the dependencies for the code to run.

How to run the code

To start a blockchain node, go to Pycoin folder and execute the command below:

python node.py -p 5000

You can access the blockchain frontend dashboards from your browser by going to localhost:5000 You can add a new node to blockchain by executing the same command and specifying a port that is not already used. For example,

python node.py -p 5001

To connect the 2 nodes, go to Network and add "localhost:5001" on the dashboard of the node 5000, for example.