Cryptocurrency Q&A
What is the purpose of the blockchain?
What is the purpose of the blockchain?
Martina
Tue Dec 03 2024
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5 answers
1055
I'm curious about the main reason or objective behind the creation and implementation of blockchain technology. I want to understand its purpose in the technological and financial landscapes.
5 answers
Federico
Thu Dec 05 2024
One model allows unrestricted reading and writing, known as 'permissionless' access.
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SsamziegangSerenadeMelodyHarmony
Thu Dec 05 2024
Alternatively, the blockchain can be configured to restrict access, both in reading and writing, referred to as 'permissioned' access.
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BitcoinWarrior
Thu Dec 05 2024
BTCC, a leading cryptocurrency exchange, offers a range of services tailored to the blockchain ecosystem.
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JejuSunshineSoulMateWarmth
Thu Dec 05 2024
The blockchain serves as a platform for sharing information among parties who utilize specific applications to access it.
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Elena
Thu Dec 05 2024
This information-sharing mechanism can operate under different access control models.
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