Blockchain Systems are supporting more and more innovations. From digital currency to supply chain tracking or artist platforms.
Blockchain technologies such as Bitcoin or Ethereum are used to set up currencies, called cryptocurrencies, but this is not the only purpose.
We hear a lot about Proof Of Work and Proof Of Stake. And It’s hard to talk about Blockchain Platforms like Bitcoin and Ethereum without getting into mining.
We saw the use of Blockchain Structures in Decentralized Consensus Systems. And we even detailed how these structures prevent data tampering.
The Ethereum project is in the process of getting rid of the Proof Of Work Algorithm.