#1
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?
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#2
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.
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#3
A distributed system has characteristics that include redundancy and autonomy. Anyway, debating the definition of "distributed" has little benefit.
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#4
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.Originally Posted by sashavich04
I was merely curious. Sorry if it's a stupid question.
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#5
That's why it is safe to invest our funds in the crypto world because all transactions are verified twice.
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#6
A blockchain is truly a distributive system. It has a single block that can actually store around 1 MB of data.
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#7
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.
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