What Do You Really Mean by “Blockchain”? – Architecting Blockchain-Based Applications (2/3)
Blockchain is a heavily overloaded term, both in discussions of practitioners and in literature. This ambiguity is dangerous as it leads to a lot of misunderstandings and can compromise the quality of blockchain-based applications being developed. Thus, we delineate in this article key terms of blockchain. To make understanding as simple as possible, we use Ethereum as an example.