There are good reasons and bad reasons to use blockchains. In conversations with people thinking about blockchain use cases, I have noticed common confusions and conflations arising from words initially used in a narrow context (usually to describe bitcoin’s blockchain) being understood more generically for blockchains. In this post I hope to untangle some of these common misconceptions.
People use the term ‘blockchain technology’ to mean different things, and it can be confusing. This article is a gentle introduction to blockchain technology and assumes minimal technical knowledge. It attempts to describe “what it is” rather than “why should I care”.