Properties of blockchain

So far, we've discussed a few of the properties of blockchain while comparing DLTs with databases. But due to its decentralized nature, blockchain has a number of inherent properties that will greatly benefit some use cases while not adding value to others. In this section, we'll discuss these properties so that you are able to properly evaluate whether blockchain would be suitable in your own use case.

Immutability

Blockchain is a ledger that doesn't allow you to update or delete existing records. The data recorded on the blockchain is supposed to remain for eternity. This makes a blockchain an immutable data structure. Unlike with traditional record-keeping technologies, a record cannot...