Why and how to make your first blockchain part II ?
Blockchain’s journey has been turbulent since 2009, driven by the rise of erratic cryptocurrencies, but the technology has far deeper roots and a wider range of uses than Bitcoin.
Still, for better or worse, most people associate blockchain with Bitcoin. Following Bitcoin’s launch, the blockchain gained a reputation similar to the Wild West during the exuberant and wild years that followed. Due to its decentralized, peer-to-peer (P2P) architecture, which made it appear too dangerous for use in commerce, almost anybody may participate in the process. When a growing open source community started creating full business systems in 2016, that began to change.
Since then, despite the occasionally alarming headlines around cryptocurrencies, the technology has taken on a life of its own and attracted interest from a wide range of sources. Blockchain technology is being researched and used by enterprises, governments, and other organizations to fulfill purposes unrelated to virtual money. Given the abundance of government data and cyberthreats.
In the following blog posts, we will write by year how the development of blockchain technology took place.