Comment on Cryptography behind the top cryptocurrenciesparentComments−CryptoPunk5yNot really as Ethereum is a public ledger, with copies of the full transaction history distributed across thousands of computers around the world, so any malfunctions can be easily identified and fixed.−postalrat5yIf consensus was so easy we wouldn't need a blockchain or mining.−CryptoPunk5yIt's because Ethereum uses a blockchain and mining that there are thousands of computers with identical copies of the transaction history.
Comments
Not really as Ethereum is a public ledger, with copies of the full transaction history distributed across thousands of computers around the world, so any malfunctions can be easily identified and fixed.
If consensus was so easy we wouldn't need a blockchain or mining.
It's because Ethereum uses a blockchain and mining that there are thousands of computers with identical copies of the transaction history.