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5 Myths About Blockchain You Still Believe — And Why They’re Wrong

26 December 2024
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Breaking down misconceptions to know the tech that’s shaping our future.

The Capital
Picture created by Microsoft Copilot.

A couple of years in the past, I used to be at a cocktail party sitting subsequent to somebody who casually talked about that they’d “invested in blockchain.” It piqued my curiosity, and I inquired as to its that means. Their reply? “Oh, you realize, Bitcoin and whatnot.” It was evident they didn’t really comprehend blockchain itself however had been satisfied it was the following massive factor. And truthfully? I didn’t both on the time.

Are you a Non-Member? Learn the complete article right here.

Since then, I’ve put in hours investigating blockchain expertise itself, stripping away jargon and hype. What I found from this expertise is though blockchain expertise is revolutionary, most of us have nonetheless caught to a poor notion of it, which isn’t true in any respect.

Let’s dispel 5 myths about blockchain — and why it’s time to maneuver on from them.

In the event you’ve heard somebody say, “I’m investing in a blockchain,” they’re in all probability complicated blockchain with Bitcoin. If the Web might be in comparison with a basis, blockchain expertise is one in all its functions, and…



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