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by TheDong
3111 days ago
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If you don't have mining, or a similar way to decide between various possible forks, what you have is a cryptographically secured append-only ledger (such as what the git data-format resembles). That's not a blockchain and that idea has existed for decades already. I think that idea is now being called a "blockchain" since in reality the trustless/proof-of-work nature of a true blockchain is largely wasted for specific companies. |
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