joel.mn — The Shared Data Layer of The Blockchain Application Stack

Let’s talk about the Shared Data Layer of The Blockchain Application Stack. This the image we used on the original post describing the stack: Imagine a global database (or a set of global databases) that every application plugs into. That’s the general idea behind the Shared Data Layer. As the name suggests, it’s a data storage layer that is decentralized and open to everyone.

Decentralized means that no single entity, individual, or company owns this database, and it is maintianed by millions...