The last couple of days have managed to bring about large changes to blockchain-based digital currencies such as Bitcoin and Ether, as both have managed to once again break their all-time high. More exactly, Bitcoin has managed to surpass the $1,600 mark thus reaching a new all-time high, whereas Ether, the crypto-fuel behind Ethereum has increased with 25%, thus reaching $100.

With these aspects in mind, now is about time that we go ahead and help debunk a few myths associated with the blockchain network, so readers can get a better understanding of what the blockchain can, and cannot do, regardless of how it’s being used.