Skip to main content

Posts

Showing posts from March, 2021

Why applications are moving to decentralized network ?

Fig 1. Decentralized Network Recently, I started studying blockchain in order to get certified from blockchain-council. I am in the middle of my training and have started looking into some real-world applications of blockchain. Some problems the applications are trying to solve are decentralized storage, decentralized voting/consensus, decentralized money and many more. The ultimate goal is to take whatever we have built so far and put it over a decentralized network. To achieve this developers are building  custom applications on top of bitcoin blockchain. When I thought about this goal, I couldn't help but think that is this not a waste of time. We spent last 30 years to build the centralized applications and now people are building something from the scratch to put the centralized applications over a decentralized network. Are people doing it just for fun or just because they can so they are. I will share what have I learnt from my 20 days of training, blogs, articles and whit...