A blockchain is usually described as a distributed ledger: a database of records shared by all clients with access. This description is not incorrect, but it leaves a lot to be desired. It’s like calling a car a “horseless carriage”, or a handheld personal computer a “smartphone.”
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Andrei Kirilenko: Blockchain – a global supercomputer that only answers to code?
Photo taken in Washington, DC on May 1, 2014 and shows bitcoin medals.
