Foundations of Blockchain

Non-financial projects

During the early years of Bitcoin, there were concerns about the scalability of the underlying technology, and also its future scope. Although cryptocurrency was a great invention that made the decentralization of internet money possible through its P2P-based system, its true technology hadn't been exploited completely. Several developer communities started building applications in the Bitcoin blockchain to make use of the decentralization that was achieved by Bitcoin's blockchain. Due to scalability limitations and privacy concerns of Bitcoin's blockchain, many projects were created by customizing the Bitcoin implementation and forking the Bitcoin blockchain.

As the potential of the technology became evident, it was ...