Blockchain can be defined as a chain of blocks that contains information. The technique is intended to timestamp digital documents so that it’s not possible to backdate them or temper them. The purpose of blockchain is to solve the double records problem without the need for a central server. Why do we need Blockchain? Here are …
The first blockchain, Bitcoin, was designed to be consensus-based: all its nodes (miners of Bitcoin) had to agree on a transaction. This meant that transactions were trustworthy, but slow. Today, Bitcoin can only handle up to 10 transactions per second. This is unacceptable for a global payment system, or for a high-performance data network. …
What is the difference between Blockchain and Holochain? Read More »
