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    Thread: Are blockchains truly distributed systems?

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      Mr. Cid is offline
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      Quote Originally Posted by Alexthedefender04 View Post
      But the main understanding for distributed systems is "distributed load". Blockchain networks doesn't distribute load, it actually does it the reverse way because every node validates, and re-validates all transactions/messages.

      I was merely curious. Sorry if it's a stupid question.
      That's why it is safe to invest our funds in the crypto world because all transactions are verified twice.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I think the next step in blockchains is distributing load - storage, CPU, network, etc. in a fair and trustless way, while maintaining the distribution in power. Blockchains such as bitcoin are vastly over-redundant.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      A blockchain is truly a distributive system. It has a single block that can actually store around 1 MB of data.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by sashavich04 View Post
      A distributed system has characteristics that include redundancy and autonomy. Anyway, debating the definition of "distributed" has little benefit.
      But the main understanding for distributed systems is "distributed load". Blockchain networks doesn't distribute load, it actually does it the reverse way because every node validates, and re-validates all transactions/messages.

      I was merely curious. Sorry if it's a stupid question.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      A distributed system has characteristics that include redundancy and autonomy. Anyway, debating the definition of "distributed" has little benefit.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      According to the wikipedia, it is decentralized and oftentimes available in public, an online ledger that cannot be altered without the alteraion of all subsequent blocks.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Are blockchains truly distributed systems?

      Yes? But in a "distributed blockchain network", it might the the opposite of "distributed", because every node must validate every participant's transactions/messages, taking the processing by themselves.

      Have we misunderstood what it truly is?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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