What is Postchain?

Postchain, a so-called Blockchain 2.0 new technical architecture, is a blockchain platform developed by Chromeby of Sweden . It features a new technical platform architecture that breaks through the limitations of “decentralized records” and integrates blockchain with “decentralized databases”.

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Can blockchain replace a database?

Blockchains offer a way to replace these organizations and their centralized databases with a distributed database that is secured by cryptography and consensus mechanisms. This distributed database eliminates the single point of failure — also called the honey pot problem — characteristic of centralized databases.

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Is blockchain a NoSQL?

Blockchain is simply a new type of database. Rather than traditional databases (SQL or NoSQL) that are controlled by single entities , blockchain can be shared by a group of non-trusting parties without requiring a central administrator.

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Is MongoDB used in blockchain?

Using MongoDB Atlas in a blockchain When a blockchain is created, each block needs to be stored in a central location so that the blockchain itself can be queried or add new blocks to the chain. MongoDB Atlas, the database-as-a-service cloud solution from MongoDB, is perfect for storing a blockchain ledger .

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Is MongoDB Decentralised?

BigchainDB and MongoDB are building the core characteristics of blockchains – decentralized control , immutability and asset autonomy – on top of a mature distributed database that has a rich feature set, monitoring and backup tools that enterprises trust.

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