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5 Blockchain Myths Debunked: What You Need to Know

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Breaking down misconceptions to grasp the tech that’s shaping our future.

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A couple of years in the past, I used to be at a cocktail party sitting subsequent to somebody who casually talked about that they’d “invested in blockchain.” It piqued my curiosity, and I inquired as to its which means. Their reply? “Oh, you realize, Bitcoin and whatnot.” It was evident they didn’t really comprehend blockchain itself however had been satisfied it was the subsequent massive factor. And truthfully? I didn’t both on the time.

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Since then, I’ve put in hours investigating blockchain know-how itself, stripping away jargon and hype. What I found from this expertise is though blockchain know-how is revolutionary, most of us have nonetheless caught to a poor notion of it, which isn’t true in any respect.

Let’s dispel 5 myths about blockchain — and why it’s time to maneuver on from them.

If you happen to’ve heard somebody say, “I’m investing in a blockchain,” they’re most likely complicated blockchain with Bitcoin. If the Web might be in comparison with a basis, blockchain know-how is one in every of its purposes, and…



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