Blockchain vs Database

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Blockchain is a decentralized digital ledger, while a database is a centralized repository of information.

Blockchain uses cryptography to secure transactions, while databases rely on access control and user authentication.

Blockchains are immutable, meaning data cannot be altered once recorded, while databases can be updated and changed.

Blockchain operates on a consensus mechanism, while databases rely on a single authority to manage transactions.

Blockchains are transparent and open to public view, while databases can be confidential and restricted to certain users.

Blockchain has no single point of failure, while databases can be vulnerable to hacking and data breaches.

Blockchain operates on a peer-to-peer network, while databases are connected to a central server.

Blockchain transactions are verified and approved by a network of users, while database transactions are managed by a central administrator.

Blockchain uses tokens or cryptocurrencies as a means of transaction, while databases use traditional forms of payment.

Blockchain offers more security for transactions and data storage, while databases can be more easily manipulated.

Blockchain operates on a consensus algorithm, while databases operate on a relational database management system.