October 27, 2023  SEONews

Crypto is Still Waiting for Its ‘Google’ of Blockchain Explorers – Techopedia

Blockchain may be one of the fastest-growing technologies in the enterprise, with applications across a wide range of processes, but we shouldn’t forget that, at its core, it is still a database. And, like all databases, it requires a search function.

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To date, however, development on this crucial aspect of blockchain is distinctly lacking, giving rise to concerns that the technology may not be quite as conducive to modern data applications as it seems.

Blockchain: A Search for Answers

According to a recent paper by researchers at China’s Hebei University of Technology and Australia’s Deakin University, most blockchains today offer only limited search functionality. While records stored in the chain are in good order, query results are generated by reading the content or metadata of increasingly large numbers of blocks.

This is not only time-consuming but often fails to protect data privacy and does not provide proper weight to individual data sets — potentially…

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source: https://news.oneseocompany.com/2023/10/27/crypto-is-still-waiting-for-its-google-of-blockchain-explorers-techopedia_2023102751867.html

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