A breakdown of blockchain myths

Public relations has never been blockchain’s strength. When it first came to public and media attention in 2014, this new way of distributing and retrieving information was often used synonymously with Bitcoin, the cryptocurrency that has navigated through images problems of its own. Three years later, the distinction is somewhat clearer, but the association between the two has stuck. For the sake of avoiding any confusion, let’s get the definitions out of the way: Bitcoin is a digital currency built on and facilitated by a type of blockchain, and blockchain is a decentralized, digital public ledger that records transactions. Arguably,…
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