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A blockchain is a database of blocks which are cryptographically hashed such that manipulating any previous entries would invalidate all future ones referencing
by nightski 5y ago
A blockchain is a database of blocks which are cryptographically hashed such that manipulating any previous entries would invalidate all future ones referencing it. That is pretty much it. This can be constructed on a single machine in someone's basement if one so desires. In fact, the entire point of Bitcoin is that the entire blockchain can be validated by any node which anyone can start with something as trivial as a raspberry pi. Now Bitcoin adds a decentralized mechanism on top of this using Proof of Work. But that is not inherent to blockchains.
- drdeca 5y agoYes, I think that fits under (or is perhaps synonymous with?) the “authenticated append only list” that I said.