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submitted 7 months ago by themaninblack@lemmy.world to c/memes@lemmy.ml

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[–] 4am@lemm.ee -2 points 7 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.

[–] drcobaltjedi@programming.dev 7 points 7 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.

[–] gila@lemm.ee -2 points 7 months ago* (last edited 7 months ago) (1 children)

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

[–] drcobaltjedi@programming.dev 1 points 7 months ago (1 children)

A decentrailized linked list.

[–] gila@lemm.ee -1 points 7 months ago

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

[–] Ibaudia@lemmy.world 3 points 7 months ago

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