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Why not just "decentralized"? I'm not sure I ever saw a blockchain that was posited as "distributed".
by z3c0 4y ago
Why not just "decentralized"? I'm not sure I ever saw a blockchain that was posited as "distributed".
- croes 4y agoBlockchain is a distributed ledger.
- z3c0 4y agoLooking into it, you're correct, but only insofar as we're referring to two different meanings of distributed. Bitcoin is a distributed ledger, as in "fault tolerant". But the consensus mechanism is decentralized. Thus, the decision-making is not distributed. A distributed consensus mechanism would segment the decisions amongst nodes, not poll for a unanimous response.