3 ms·
At present, the accepted definition doesn't. From Wikipedia: "A blockchain is a growing list of records, called blocks, that are linked together using cryptogr
by woofie11 5y ago
At present, the accepted definition doesn't.
From Wikipedia: "A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). The timestamp proves that the transaction data existed when the block was published in order to get into its hash. As blocks each contain information about the block previous to it, they form a chain, with each additional block reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks."
Perhaps it ought to, but I would prefer a different word ("distributed ledger?"). For "blockchain," I actually rather like the simpler definition of a cryptographically-linked chain of blocks.
This is contradicted by the popularly-believed inventor / date of invention.
- Tialco 5y agoI think people use "permissionless blockchains" when they're referring to Nakamoto Consensus / Proof of Stake / whatever + Blockchain.
- klodolph 5y agoWikipedia is, at best, an imperfect attempt to record and explain the accepted definition. I think that Wikipedia's definition of blockchain does not match usage, and therefore it is in error and should be corrected.