Hacker Noon February 24, 2021

Hackernoon already contains two articles about the generations of blockchain technology: First Article and Second Article.

This article attempts to cover the missing things in both articles and the explanations of the 4th and 5th generations of the blockchain networks. Before diving into the main matter of discussions, here is a brief description of the root of this ground-breaking technology.

The evolution of foundational technologies such as the computer, mobile, and internet was not a rapid process. The first generation of computers (1940–1956) was started from a large size vacuum tube.

Over the time, the evolution of computer can be systematically studied by classifying into the five generations:

Today, computers are far more advanced with the features like less expensive,...

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