Quote:
Originally Posted by dvarapala
* immutable linked list
IOW, it's a distributed digital financial ledger than cannot be forged.
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Its a linked list underneath it all; I've written similar constructs in Pascal, Fortran, Assembler and "C"... It doesn't matter what moniker you put on it, such as "ledger". The "payload" is financial records, but could just as easily be social security numbers, vehicle VINs or what-have-you.
The forgery protection is (among other things); that a percentage of certain players "validate" a transaction. I never say NEVER (as in "cannot be forged").
Something is "immutable"; until it isn't.