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Agreed. I think the ship has sailed on the term "blockchain" and it no longer requires decentralization. It means a signed transaction log which can't be secret
by aakilfernandes 10y ago
Agreed. I think the ship has sailed on the term "blockchain" and it no longer requires decentralization. It means a signed transaction log which can't be secretly forged. Not as sexy as bitcoin, but language is fluid and I think the definition has shifted.
- kang 10y ago> "which can't be secretly forged" Not possible without proof-of-work
- aakilfernandes 10y agoSure it is. If all blocks are relayed to all participants, theyll have a record of whenever theres an attempt to change the block history. All they need to do is show two coflicting blocks signed by the "approver"
- kang 10y agoHow was this not possible earlier?