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What I'm curious about is all the so-called "blockchain" tech that banks and others are implementing. If it's not a solution to Byzantine Generals Problem, and
by fouc 7y ago
What I'm curious about is all the so-called "blockchain" tech that banks and others are implementing.
If it's not a solution to Byzantine Generals Problem, and not de-centralized/distributed, then it can't be called a blockchain.
So I'm wondering if that's the case, or if they really are solving BGP while still being largely distributed?
- hippich 7y agoBitcoin is blockchain + POW. Git is blockchain. Chain of blocks of information where each consecutive block refers to the previous one (and one block can have multiple descendants, although this is not applicable to bitcoin) - is blockchain.
- fouc 7y agoGit isn't considered to be a blockchain actually.