Proof of work and desire for decentralization

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Although proof of work protocol had served the blockchain community faithfully since its inception with bitcoin, its inability to scale and its support for centralization were some of the identified weaknesses. How is the proof of work protocol perceived as supporting centralization?

Blockchain is secure and trusted but inefficient

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The purpose of innovative solutions is to be more efficient, secure and trusted in comparison to present solutions. While blockchain for sure has proved to be more secure and trustworthy, there seems to be one area in which more innovation is required to polish it up and make it to near perfection. That is the area of efficiency.

How powerful is blockchain disintermediation effect?

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Disintermediation is the ability to remove intermediaries in financial transactions to save costs. Blockchain has however demonstrated that intermediaries can be done away with effectively, if not at a lesser cost than is attainable today.

Blockchain technology was never a mistake

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5 years now, I have been using blockchain technology through cryptocurrency exchange. Bitcoin is highly used ever since it was introduced. Finmail is one of the platforms I have been enjoying, learning and far more use bitcoin and USDT cryptocurrency.

Does blockchain immutability guarantee accuracy?

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The greatest benefits blockchain has introduced into database systems is immutability. While data can be added and "updated", it cannot be deleted or edited. However, does it guarantee the accuracy of the data?

Are Public and Private blockchains rivals?

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The corporate business world is filled with rival private and public entities conducting similar business undertakings. This article examines the major differences that set these apart and discuss how these compliment each other rather than setting them up as competitors.

Can public blockchain be permissioned?

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We often refer to the public blockchain when discussing bitcoin, Ethereum and other related platforms. Can public blockchain be used for permissioned solutions? Can public blockchain be permissioned?

How secure is blockchain?

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With so many cyber-attacks launched against conventional Information systems around the world, resulting in the loss of billions of dollars, many have wondered how secure blockchain really is. This article will provide some insight into how blockchain is designed and secured at the same time.

Is blockchain a natural evolution?

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The debate as to whether the rise and adoption of blockchain is a natural evolution or a consequence of revolution will be around for some time to come. While others contend that it is a revolution, others strongly feel that it is an evolution because change is inevitable.

Commercial enterprise of Facebook cryptocurrency

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He is preparing to release the bitcoin version of the messaging program for use on Facebook, WhatsApp, Messenger and Instagram. This could be a long-awaited success, as Facebook is the world's leading technology company in the lucrative microfinance market. Or not?