• 4am@lemm.ee
    35·
    10 months ago

    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.

    • drcobaltjedi
      7·
      10 months ago

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

      • gila@lemm.ee
        13·
        10 months ago

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

          • gila@lemm.ee
            12·
            10 months ago

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