this post was submitted on 02 Feb 2024
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Is a chain is controlled by a single entity then it’s not a blockchain, it’s a linked list with extra steps.
The whole point of a blockchain is that it’s independently verifiable/validated by all its users. Anything else is a literal scam.
Well, a blockchain is a linked list with extra steps. Only having 1 entity just means it is centralized, not decentralized.
You've almost put all the pieces together. A decentralised linked list is ... ? oh wait
A decentrailized linked list.
You were supposed to have the eureka moment where you realise that's not a thing, oh well.
A Blockchain is already just a linked list with extra steps.