If you're focusing on the construction of the term "blockchain", you're already lost. The name is a red herring. It's very clear that the innovative aspect of t

If you're focusing on the construction of the term "blockchain", you're already lost. The name is a red herring. It's very clear that the innovative aspect of the technology, the part that enabled all the interesting applications, is the protocol layered on top of the merkle tree. That's the part that needed a new name, and deserved a better one than it got.