Understand the application of #blockchain
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Photo by Hitesh Choudhary on UnsplashWith the propagation of cryptocurrencies and its ICOs, there are many articles that “explains” the blockchain technology. However, perhaps due to its self-serving purposes or an attempt to water it down for the layman, blockchain has been hailed as if it’s a miracle cure to all problems.It isn’t.You may have read that “blockchain is going to change the world” but these articles don’t explain how and why that would happen.As an independent developer, I want to explain and give a developer’s perspective on the application of blockchain.First, let’s understand some traits of the technology itself.TraitsImage by Savvas Stavrinos from PexelsBlockchain, especially cryptocurrency, has been used for their ability to provide users with anonymity and (...)
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