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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 This work is licensed under a Creative Commons Attribution 3.0 License.
Last modified: Wednesday, 24 January 2024, 2:33 PM