Blockchain

Blockchain

What it is?

In deciding whether to use blockchain, it is helpful to think about whether [its] unique characteristics provide business value. For example, if an industry has no system of trusted middlemen – or if existing middlemen are expensive or otherwise add friction – blockchain might be a good fit.

Source: How to explain blockchain in plain English

Security

The size of the network is important to secure the network.

Size of the network is one of the bitcoin blockchain’s most attractive qualities — it is so large and has amassed so much computing power. At time of writing, bitcoin is secured by 3,500,000 TH/s (1 TH/s is one trillion hashes per second), more than the 10000 largest banks in the world combined. Ethereum, which is still more immature, is secured by about 12.5 TH/s, more than Google and it is only two years old and still basically in test mode.

Source: How Does Blockchain Technology Work?


We already know blockchain’s killer apps – Hacker Noon


Tokenization is the process of converting rights to real world assets into a digital token on a blockchain

What is tokenization in a blockchain context? - Quora


30+ Real Examples Of Blockchain Technology In Practice What is a Blockchain Token? Intro to Cryptographic Tokens


Developing Blockchain

The authoritative guide to blockchain development – freeCodeCamp Get started with Blockchain in 2018 – Hacker Noon

Blockchain as database

What is the Difference Between a Blockchain and a Database? - CoinDesk

date 01. Jan 0001 | modified 28. May 2021
filename: Blockchain » Learning About Technology