3 ms·
Yup, that's just a Merkle tree. In a blockchain, blocks occur at regularly timed intervals, and are distributed globally, which is all enforced by some distrib
by px43 5y ago
Yup, that's just a Merkle tree.
In a blockchain, blocks occur at regularly timed intervals, and are distributed globally, which is all enforced by some distributed authority mechanism, like Proof of Work. Rumor has it that Satoshi was originally going to call the data structure a "Timechain" but wanted to emphasize the cryptographic integrity feature more than the time keeping feature.
- deleted 5y ago[deleted]
- keshet 5y agohttps://dergigi.com/2021/01/14/bitcoin-is-time/ https://dergigi.com/2021/01/14/bitcoin-is-time/