Before cryptocurrency, all information in the world had been stored in a centralized way. For the storage and saving of data, separate servers were allocated. All recordings were stored on external and internal drives. To increase protection, the information was… Continue reading Decentralization in simple words
voting
Closed motorcycle clubs
Most often people in such a community are not united by motorcycles but by separate interests that are not even remotely related to biker life. Information about the members of such clubs, places of meetups and other information is strictly… Continue reading Closed motorcycle clubs
Differences between Permissioned and Permissionless Blockchains
Nevertheless, blockchain is still a pretty new concept, and there could be a misunderstanding of some of its aspects — for example, the difference between permissioned and permissionless chains. This guide will tell you everything you need to know about… Continue reading Differences between Permissioned and Permissionless Blockchains
What is blockchain?
The most known blockchains are Bitcoin and Ethereum. The primary difference between blockchain and other databases is the decentralized character and the exclusion of third parties in transactions which minimizes security concerns and costs. The information in blockchains is stored… Continue reading What is blockchain?
7 ways how blockchain will affect our daily life in 2023
Today, in the FinTech space, blockchain is on everyone’s lips as financial institutions are eagerly trying to find practical ways to implement and use the technology to generate profits. Since blockchain is a key technology…
