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A comment on Big Banks Are All Over Blockchain. Parent comment

Re:Big Banks Are All Over Blockchain by flignats on Wednesday December 27, 2017 @07:10PM (#16019259)
I believe you're thinking of the ledger as a distributed ledger and applying 'centralized' as a description, which it is not. Bitcoin is a decentralized ledger.
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Re:Big Banks Are All Over Blockchain by ucaetano on Wednesday December 27, 2017 @07:57PM (#16019455)
No, it is a centralized ledger (there is only one unique, central ledger that can't be partitioned) which is processed in a peer to peer way.

Compare this to actual currencies, that have millions (or even billions) of independent, parallel, distributed, ledgers.

Or compare this to DNS. There isn't a single, unique, central DNS record, it is a system of distributed records across he entire internet.

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Re:Big Banks Are All Over Blockchain by flignats on Thursday December 28, 2017 @08:52AM (#16021961)
You would benefit from broadening your understanding of centralized and decentralized as it applies to the blockchain and ledgers.
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