Image credit: blog.scconline.com

What’s the Value in a Public Blockchain?

Blockchains were originally conceived for the purpose of circumventing centralization. The inventor, Satoshi Nakamoto, wanted to cut intermediaries out of payment systems and make a pure peer-to-peer system that would be validated by participants across the world. Here are some key points to understand the pros and cons of a public blockchain.

--

--

--

Serial entrepreneur, speaker, and author of Blockchain 101: Fundamentals of a New Economy. Former full time artist, also writes the occasional poem, story, etc.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Monika Proffitt

Monika Proffitt

Serial entrepreneur, speaker, and author of Blockchain 101: Fundamentals of a New Economy. Former full time artist, also writes the occasional poem, story, etc.

More from Medium

The Graph Foundation — Revolutionizing dApps Development In Web3

Is Crypto bad for the Environment?

#Midas vs. competition

AI in Cosmos 2050