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Feels a bit like that's a post-facto argument to me. It sounds like the Surity thing had "blocks" consisting of a week's worth of documents which got chained t
by bigiain 8y ago
Feels a bit like that's a post-facto argument to me.
It sounds like the Surity thing had "blocks" consisting of a week's worth of documents which got chained together and had their hash published irrevocably every week.
Without the subsequent invention and popularity of the specific implementation of the bitcoin blockchain - I don't think the slow/costly consensus "feature" could be considered a requirement to distinguish between "hash chains" and "block chains" like that.
(But I'm regularly on the losing side of nomenclature arguments - I'm still pissed at all the people who've decided they should call my non-autonomous quadcopters "drones"...)
- jobigoud 8y ago> I'm still pissed at all the people who've decided they should call my non-autonomous quadcopters "drones" Apparently we should call them quadpters because it's based on helicopter for which the ethymology is not heli + copter, but helico + pter, like in helicoidal and pterodactyl.
- bittcto 8y agoThe entire point of Bitcoin is the distributed trustless consensus mechanism. Read the Nakamoto white paper, it’s all about double spending. A chain of hashed data dates back to Merkle himself, that’s what a Merkle tree is. The entire point of bitcoin is distributed independent truth and that’s the entire point of a Blockchain.