In the case of blockchain, data is distributed across networks and no single entity owns the information. Using this technology, people can confirm transactions without a need for a central clearing authority. And web3 is decentralized so it runs on the blockchain
Web 3 refers to an Internet that is made possible by decentralized networks, such as Bitcoin and Ethereum.
Thank you, but I still do not get it. Ethereum should work as database? so let say I have a blog with 7000 articles, where will they be stored? in some blockchain? why? what does it bring?
Going along with your example, supposing you use Netlify CMS for managing your blog, then your articles are stored there. If you are doing the same thing on a decentralized file storage service, no one other than you can have access to view or change that, if you wish to do something like that.
Data cannot be stored on a blockchain, atleast not 7000 articles 😅. If you store something on a blockchain, you can't change or delete it.
Well actually anyone can view the data stored in a public blockchain like ethereum. Data can be stored in the blockchain (avoid to add sensitive data). Data in the blockchain can be changed (only by the owner), but can't be deleted. 😃
In the case of blockchain, data is distributed across networks and no single entity owns the information. Using this technology, people can confirm transactions without a need for a central clearing authority. And web3 is decentralized so it runs on the blockchain
Web 3 refers to an Internet that is made possible by decentralized networks, such as Bitcoin and Ethereum.
Thank you, but I still do not get it. Ethereum should work as database? so let say I have a blog with 7000 articles, where will they be stored? in some blockchain? why? what does it bring?
Going along with your example, supposing you use Netlify CMS for managing your blog, then your articles are stored there. If you are doing the same thing on a decentralized file storage service, no one other than you can have access to view or change that, if you wish to do something like that.
Data cannot be stored on a blockchain, atleast not 7000 articles 😅. If you store something on a blockchain, you can't change or delete it.
Well actually anyone can view the data stored in a public blockchain like ethereum. Data can be stored in the blockchain (avoid to add sensitive data). Data in the blockchain can be changed (only by the owner), but can't be deleted. 😃
Yes you are right. Even altering data on a blockchain is a tough job.