Does Your Project Require A Blockchain ?
How do you find out ?
In these times...
Everyone is looking to smack "Blockchain Technology" on things.
Do you have a runny nose ? ...
Get a Blockchain.
Is your wife cheating ?
Get a Blockchain.
As if ALL needs can be blanketed with a Blockchain...
Well, let's calm down.
...Blockchain is not the solution to ALL of the problems of mankind...
In the same breath...
We have a landscape where "big business" is wedging its foot into the door-corners looking for ways to implement Blockchain into their infrastructures.
...But do they really need a Blockchain ?
I found this wonderful decision tree from Eleni Steinman via her Medium article on the subject to help you make that tough choice.
A database is a Blockchain when it is:
- Uniformly ordered
- Redundantly maintained
- Validated using cryptography
Well...
Just what is cryptography ?
Cryptography is the science of protecting information by transforming it into a secure format. This technology allows blockchains to verify users and blocks.
With this being said...
Below you can find the pros and cons of utilizing a Blockchain for your solutions:
If your needs align with the three descriptions of a Blockchain above; you may need one.
Cheers,
Native Loup