Why there should be a disciplined routine for a person is often considered to be a good thing. Because most of the people in life actually lacks a disciplined lifestyle and often leads to a regretful life. Misery and depression is the actual byproduct of indisciplined life. A meaningless life we could say. Life is always a blent of good and evil. Make a good out of it by having a disciplined life.
The ledger in blockchain need not necessarily backed by a currency. For a system that need large amount of nodes, like in case of public permissioned blockchain, it is essential to give an incentive either in form of reduction in transaction fee or some currencies. This is a high incentive for those who works with high computational powers. They would demand this. But in case of private blockchain there is no need of providing a currency in the form of incentives.
Private blockchains are used when the peer nods comes to know each at least half of them. They form a network of peer group and validate the transactions. Since private blockchain entitles the identity of each nodes, it is impossible to get a lot of people through. So these private blockchain lacks popularity and hence there is no coin.
But this is extremely helpful in large corporations to store and validate data. They can create a supply chain where everything could be traceable form the very beginning. It involves no s...
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