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EphronTech

blockchain technology

Blockchain Technology, it’s not what you think!

There is no universal definition of blockchain technology

There are countless explainers of blockchain technology in the text, audio, and video around the web. Almost all of them are wrong because they start from a false premise. There is no universal definition of a blockchain, and there is widespread disagreement over which qualities are essential in order to call something a blockchain.

Developing a more precise understanding of what blockchain will help us address its shortcomings and improve upon it so that it can better be used to in the transformative ways that its proponents envision. Bitcoin, Ethereum, and other cryptocurrencies have entered the mainstream discourse

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Source: THE VERGE