this post was submitted on 02 Feb 2024
1870 points (96.5% liked)

Memes

45548 readers
1544 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -2 points 9 months ago (2 children)

Is a chain is controlled by a single entity then it’s not a blockchain, it’s a linked list with extra steps.

The whole point of a blockchain is that it’s independently verifiable/validated by all its users. Anything else is a literal scam.

[–] [email protected] 7 points 9 months ago (1 children)

Well, a blockchain is a linked list with extra steps. Only having 1 entity just means it is centralized, not decentralized.

[–] [email protected] -2 points 9 months ago* (last edited 9 months ago) (1 children)

You've almost put all the pieces together. A decentralised linked list is ... ? oh wait

[–] [email protected] 1 points 9 months ago (1 children)

A decentrailized linked list.

[–] [email protected] -1 points 9 months ago

You were supposed to have the eureka moment where you realise that's not a thing, oh well.

[–] [email protected] 3 points 9 months ago

A Blockchain is already just a linked list with extra steps.