Blockchains don’t help with ensuring you’re not missing any data, their purpose is to define which series of logs is the “right one”, which doesn’t make much se

Blockchains don’t help with ensuring you’re not missing any data, their purpose is to define which series of logs is the “right one”, which doesn’t make much sense in anything but a distributed context. The purpose of the Bitcoin blockchain is to define the “right” log of transactions, that everyone agrees is the right log.