Blockchain As A Database
Faculty Andrew Wu makes a comparison between blockchain and database technology
Andrew Wu, Assistant Professor of Technology and Operations and Finance, Stein Research Scholar, and Michael R. and Mary Kay Hallman Fellow at the University of Michigan, explains blockchain as a type of database.
Andrew makes a comparison to DropBox, which is a type of file sharing service. You may also have heard of Google Drive, Apple iCloud, or Mega. Whereas a traditional database is centralized, blockchain is decentralized and uses peer to peer networking to collectively store and share information.
Discussion: What questions do you have about the technical side of blockchain?
This article is from the online course:
Cryptocurrency: Beyond Bitcoin Teach-Out
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