What the heck is a blockchain, anyway? And can it really do all these things? Can blockchain bring something amazing to industries as diverse as health care, finance, supply chain management and music rights?And doesn’t being for Bitcoin mean that you’re pro-blockchain? How can you be for Bitcoin but say anything bad about the technology behind it?In this article, I seek to answer a lot of these questions by looking at what a blockchain is and more importantly, what it’s not.

The Foundation will delegate a maximum of 2 million votes to each team in the program. Teams who would like to be considered for this program will be required to apply here.

LFT2 is based on the PBFT consensus model, with a proprietary algorithm to emerge commit messages into a 2-step consensus process. This alleviates communication overhead and complexity of PBFT’s 3-step consensus process, leading to a lightweight and highly performant blockchain consensus algorithm