Blockchain technology was first developed in the early 1990s. It was used to timestamp digital documents, making it difficult to tamper with them. In 2008, a person or group of people under the pseudonym Satoshi Nakamoto published a white paper that proposed a new use for blockchain technology: a distributed ledger for cryptocurrency transactions. This ledger, called Bitcoin, was the first blockchain to be used for a real-world application.

 

Blockchain technology has seen rapid development since the launch of Bitcoin. It has been used to create a variety of other cryptocurrencies, as well as a number of non-financial applications, such as supply chain management, voting, and identity management.

 

The future of blockchain technology is bright. It has the potential to revolutionize a wide range of industries and solve some of the world's most pressing problems.

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Blockchains are created based on the goals of each specific blockchain:

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Bitcoin

Bitcoin was built with the goal of being a payment method or currency. For this, Bitcoin has its own standards. Bitcoin doesn't have a data explorer but uses machine language like JSON data, and Bitcoin is accepted based on the trust of users on the dark net.

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Ethereum

Ethereum was built as technology with its own standards. As a technology, gas fees are used as its revenue. Ethereum uses smart contracts to bridge conventional technology to blockchain technology. With smart contract technology, data explorers were created to view transaction data in detail, which Bitcoin doesn't provide except for JSON data. This makes it appear more transparent. All technologies within the Ethereum ecosystem and its derivatives, even if they have gas fees in their own blockchain, still have to pay gas fees on Ethereum's EVM.

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Binance

Binance was built as centralized technology aimed at trading and exchange with its own standards. Binance's goal is to act as a market facilitating users in crypto transactions.

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Polygon (Matic)

Polygon (Matic) was created to be a solution to the expensive and slow transaction execution on Ethereum. Polygon's goal is to complement the Ethereum Blockchain by offering cheaper costs and faster transactions than the existing Ethereum technology.

 

Based on the explanations the explanations above, each blockchain is created based on purpose and standards in line with the purpose of building a particular blockchain.

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Similarly, with DoiKu blockchain:

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DoiKu

DoiKu Blockchain was created with the goal of bridging blockchain technology with the financial system. It's a technology that can facilitate financial data processing, storage, and security at a cheaper price and with more flexibility. This technology can be used for anything, replacing the existing database or centralized technologies. It's a technology that can't be manipulated and is safe at all times. Thus, the recording and storage of assets in the DoiKu wallet are robust and private for its users. All financial data is owned individually by each wallet holder.

 

This where DoiKu is different from the current wallet holders in Central Exchanges. These platforms and institutions are not blockchain technology even though the traded products are blockchain products. Since it's the Central Exchange that stores the assets of the users and not the individual users, if something undesirable happens, users can't withdraw their assets from their Exchange Wallets.