Sentences with phrase «simply shared ledgers»
There is some politics around this, as there are those who consider private blockchains that do not use any proof of work (that is, blockchains with no mining) to not be blockchains at all, but simply shared ledgers.
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Bitcoins are simply account balances that are stored on a large, shared ledger.
Blockchain is simply defined as a shared, decentralized ledger that provides a record of digital...
Some in the cryptocurrency community refer to these no - mining private blockchains simply as shared ledgers, and they refuse to use the blockchain term to describe them.