Background: When data blocks are chained together in a particular database, it becomes a blockchain. The mechanism that chains these data blocks together in a predefined consistent chronology is known as cryptography. This explains the blockchain technology in a nutshell. Those with in-depth knowledge of blockchain technology consider it the most secure technology due to two reasons: one, blockchains are unmodifiable without consensus, and two, their decentralized nature. Since blockchain eliminates middlemen, be it the government or any regulatory agency, it has become controversial. What are Blockchain Protocols? There are…
5 Blockchain Protocols for a Decentralized World
