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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The ultimate goal of a blockchain is to store information, which makes it a database. Blockchains only differ from other database types by the way they store data. While blockchains can be considered a database, a database is typically not a blockchain . Databases generally don’t use signed blocks to store the data.
Read moreHow do you query a blockchain?
Although querying capabilities of a blockchain database depends on the implementation, the Bitcoin block chain can be queried by using the bitcoin-core command line client:
Read moreCan SQL be used in blockchain?
But blockchain isn’t just for cryptocurrency. You can exchange anything using blockchain technology, from virtual currency to digital assets such as non-fungible tokens NFTs. … Data management. DatabaseConsensusSQL, NoSQLProof of stakeTop 7 blockchain-based databases – LogRocket Blog blog.logrocket.com › top-7-blockchain-based-databases
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