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source: https://www.oreilly.com/ideas/understanding-the-blockchain
The
...
technology
...
concept
...
behind
...
the
...
blockchain
...
is
...
similar
...
to
...
that
...
of
...
a
...
database,
...
except
...
that
...
the
...
way
...
you
...
interact
...
with
...
that
...
database
...
is
...
different.
For developers, the blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts that needs to be well understood. We need to really understand five key concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us: the blockchain, decentralized consensus, trusted computing, smart contracts, and proof of work/stake. This computing paradigm is important because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.
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