Is blockchain considered big data?

Using blockchain adds another data layer to the Big Data analytics process. … Blockchain-generated Big Data is secure, as it cannot be forged due to the network architecture. Blockchain-based Big Data is valuable , meaning it is structured, abundant and complete, making it a perfect source for further analysis.21 Şub 2018

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How does blockchain use big data?

The most obvious benefit of applying big data techniques to crypto blockchains is to find out transactional information . This information will help understand the number of people using a specific cryptocurrency and how often the crypto is being sent and received, as well as amounts.

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Why is blockchain better than a database?

Blockchain supports immutability, which means that data once is written cannot be erased or replaced . Immutability means that no data tampering is possible within the network. Traditional databases don’t exhibit immutability and hence are more prone to being manipulated by a rogue administrator or third-party hacks.

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