|
|
|
|
|
by k__
3153 days ago
|
|
Oh I don't think it's a hype thing, I just think I don't understand it :D As I understood blockchains, they are basically linked lists of hashes, yes? And the decentralization means, that every node hast this list, not just parts of it, so everyone can always check if the list is consistent. Also, these lists are append only. The part were every node has a copy AND the list is append only leads me to something that doesn't scale well. It will always get bigger with every action that is appended AND it will always be multiplied by every node in the network. I'm probably missing something here, but that is my current state of blockchains, haha. |
|
Under this framing, the "linked list of hashes" is one partial way to achieve immutability. And "every node has this list" is one partial way to get to decentralization is achieved. But that's only part of it. Eg you need to address: what if a node acts badly? And you want a means to create & issue assets.
> every node has a copy AND the list is append only leads me to something that doesn't scale well.
Correct. That's why there is work to scale better, e.g. via sharding by BigchainDB and by others.
[1] https://blog.bigchaindb.com/three-blockchain-benefits-ae3a2a...