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OP talked about "Blockchain" not bitcoin specifically (which has more limited use cases, but that's not relevant to this thread)
by drcode 9y ago
OP talked about "Blockchain" not bitcoin specifically (which has more limited use cases, but that's not relevant to this thread)
- ska 9y agoBut he's right - most of the properties of the blockchain are not novel. Distributed consensus is the novelty, which is part of the problem with people talking hyper-enthusiastically about applications that either don't require, or don't allow it.
- pdpi 9y agoA git history is a "blockchain" in the strict sense (A Merkle tree with branching factor = 1), so it's not a very helpful term. Bitcoin, at least, has the common decency of having a very concrete innovation as part of its value proposition, so you can discuss its merits. "blockchain" as a term used in the industry at large means so many different things that it ends up not meaning anything at all.