Re:Don't get caught up in blockchain hype
by tscs37 on Thursday December 14, 2017 @03:16AM
(#15920714)
The maintainer must decide which blocks are valid. That's just as much of a consensus algorithm as Bitcoin just not as distributed and decentralized.
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But isn't that exactly the point? That decision, with Bitcoin, is distributed and decentralized.
We've always been able to decide how to add an element to the end of a (possibly cryptographically secure) chain of blocks.
What separates the two definitions of blockchain in this thread is exactly the distributed and decentralized choosing of the top block.