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replied 1944d
bchbtch
There is no mining, and no PoW, without a blockchain.
bchbtch
replied 1944d
Yes, Bitcoin uses a blockchain but didn't come up with the design the novel invention was the POW mining game. A blockchain without POW mining is only useful in niche cases.
replied 1944d
Satoahi invented blockchain, which is made using PoW mining. The two are the same thing. Later others invented PoS, which is only for niche cases.
bchbtch
replied 1944d
This is nonsense. Blockchains existed before Bitcoin, whether you know about it or not. Satoshi may have coined the term though.
replied 1944d
replied 1944d
replied 1944d
replied 1944d
Pretty sure they didnt exist. The inventions of blockchain was the invention of Bitcoin.