11 burning beginner questions answered on HelpTap
Since you’re reading this I assume you’re the kind of person who wants to understand one of today’s most exciting and trending technologies: the blockchain.
Now unless you haven’t been on the internet for the last seven years, I’m sure it’s been really difficult (close to impossible) to ignore the craze, speculation and confusion surrounding the blockchain space most popularly the various cryptocurrencies.
However, what really bothers me is that although most of us have heard about this booming space, few of us really understand how it works leave alone the gravity, potential and possible implications not only on banking and finance but also on all other sectors (practically anything with a database)!
And I don’t blame us.
//In this article, I’m going to address the hurdles faced by beginners to dive into the blockchain space, why there’s really nothing to be afraid of and answers to the top 10 questions every blockchain beginner is asking. //
Current studies go to show that only a little more than 3 million people WORLDWIDE actively use cryptos. Simply put that’s roughly 3 million/world population of 7 billion x 100= 0.04 % of our entire world’s population!
Let that sink in for a moment…
As of now technical terms like distributed ledgers, decentralized systems, mining and nodes are as unknown to most of us as https, websites and the cloud were a decade ago.