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So this is more like a git/mercurial chained hash where the head hash proves the existence of all previous revisions? Makes sense. And call it "blockchain" just
by mkj 11y ago
So this is more like a git/mercurial chained hash where the head hash proves the existence of all previous revisions? Makes sense. And call it "blockchain" just to keep enough buzzwords.
- DennisP 11y agoThat plus some kind of consensus algorithm. Proof-of-work prevents Sybil attacks when you don't know who anybody is, but if you have known entities you can use more efficient mechanisms.
- sanswork 11y agoSo this is just a chain of blocks that each verify the existence of all previous blocks? I can't believe they are calling it a block chain. Clearly it's a chained hash.
- brighton36 11y agoYep, exactly