Why Open Blockchains Matter

It all started with Bitcoin, but since then many more versions of this technology have sprung up. Bitcoin is an open system, but many of the other blockchain-based systems that have come around since Bitcoin's invention are closed systems. 

Why does this distinction matter? What makes a blockchain-based technology an "open blockchain" system? This video covers the features of an open blockchain system such as neutrality and censorship resistance and why they matter. 

Source: Andreas M. Antonopoulos, https://youtu.be/uZPIz3ArQww
Creative Commons License This work is licensed under a Creative Commons Attribution 3.0 License.

Last modified: Wednesday, January 24, 2024, 2:33 PM