Cryptographically immutable append only ledgers (aka merkel trees) have existed since at least 1979. A blockchain is different because it has distributed consensus. If your consensus algorithm is trust, then it’s not a fucking blockchain.
A blockchain is nothing more than a data structure. It’s essentially a linked list using the hash of the previous block. Distributed consensus is something blockchains are useful for, but it doesn’t define it
Cryptographically immutable append only ledgers (aka merkel trees) have existed since at least 1979. A blockchain is different because it has distributed consensus. If your consensus algorithm is trust, then it’s not a fucking blockchain.
A blockchain is nothing more than a data structure. It’s essentially a linked list using the hash of the previous block. Distributed consensus is something blockchains are useful for, but it doesn’t define it
No, that’s a Merkel tree. Been around since 1979.
Nah, you can pretty easily define a Blockchain as a special case of a Merkel tree with a distributed consensus method.