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> Blockchain is just a decentralized ledger of transactions. Well, so is Git! The big difference is that the blockchain requires all transactions to appear on
by TomSwirly 4y ago
> Blockchain is just a decentralized ledger of transactions.
Well, so is Git!
The big difference is that the blockchain requires all transactions to appear on all nodes, and has a wildly expensive and slow consensus phase.
Thing is, these two features provide great negative utility for the average person and no positive utility at all unless you are an anonymous entity wanting to transact with other anonymous entities with no legal framework at all.