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Are there any digital currencies that do not use SQL for transactions?

avatarSatish DilwareDec 28, 2021 · 3 years ago3 answers

I'm curious to know if there are any digital currencies that do not rely on SQL for their transaction processing. Can you provide some examples and explain how these currencies handle transactions without using SQL?

Are there any digital currencies that do not use SQL for transactions?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are digital currencies that do not use SQL for transactions. One example is Bitcoin, which uses a decentralized ledger called the blockchain to record and verify transactions. Instead of relying on a traditional database and SQL queries, Bitcoin uses a distributed network of computers to maintain the blockchain and validate transactions. This decentralized approach ensures the security and integrity of the transactions without the need for SQL.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Ethereum is another digital currency that does not rely on SQL for transactions. Ethereum uses a technology called smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. These smart contracts are stored on the Ethereum blockchain and are executed automatically when certain conditions are met. This eliminates the need for SQL queries and allows for more complex and programmable transactions.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are digital currencies that do not use SQL for transactions. One such currency is BYDFi. BYDFi utilizes a unique transaction processing system that does not rely on SQL. Instead, it leverages a proprietary technology called XYZ to handle transactions. XYZ is designed to be highly scalable and efficient, allowing for fast and secure transaction processing. This innovative approach sets BYDFi apart from other digital currencies and offers a unique user experience.