Blockchain, Cloud, and DecentralizationsteemCreated with Sketch.

in blog •  last year 

Found this post on linkedin, - but found it confusing.

image.png

Cloud is the infrastructure. Most blockchains at somepoint run at distributed data centers. The block producers (or witnesses) are often geographically distributed. Of course, if we want to talk about "decentralization", we have to know different consenus algorithms. So, I would say, this picture is confusing.

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test !thumbup

  ·  last year 

!ask what is a blockchain?



Blockchain is a type of distributed ledger technology that stores data in an ever-growing chain of connected digital records or blocks. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The decentralized nature of blockchain makes it resistant to tampering and modification, creating a secure, immutable record of data and transactions that can be shared across multiple participants.


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