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I don't know about you guys, but it still doesn't explain what a block chain is, it just seems to describe it
by sickbeard 10y ago
I don't know about you guys, but it still doesn't explain what a block chain is, it just seems to describe it
- this_user 10y agoThe problem with the term "blockchain" is its lack of a clear definition. A blockchain in its most basic form is nothing more than a data structure: an inversely linked list where each node n (for n > 0) contains a hash of node n-1. Bitcoin, of course, uses and stores this data structure in a certain way, but that was done to solve a very specific problem; it makes little sense for most other applications, and it is not part of what a "blockchain" itself is.