themaninblack@lemmy.world to Memes@lemmy.ml · 8 months agoBlockchain: the wave of the futurelemmy.worldimagemessage-square95fedilinkarrow-up1586arrow-down129
arrow-up1557arrow-down1imageBlockchain: the wave of the futurelemmy.worldthemaninblack@lemmy.world to Memes@lemmy.ml · 8 months agomessage-square95fedilink
minus-square4am@lemm.eelinkfedilinkarrow-up3arrow-down2·8 months agoIs a chain is controlled by a single entity then it’s not a blockchain, it’s a linked list with extra steps. The whole point of a blockchain is that it’s independently verifiable/validated by all its users. Anything else is a literal scam.
minus-squaredrcobaltjedi@programming.devlinkfedilinkarrow-up4·8 months agoWell, a blockchain is a linked list with extra steps. Only having 1 entity just means it is centralized, not decentralized.
Is a chain is controlled by a single entity then it’s not a blockchain, it’s a linked list with extra steps.
The whole point of a blockchain is that it’s independently verifiable/validated by all its users. Anything else is a literal scam.
Well, a blockchain is a linked list with extra steps. Only having 1 entity just means it is centralized, not decentralized.