Bitcoin/blockchain is NOT a database 

Blockchain is a glorified append only Spreadsheet. It’s a primitive data structure a database could be built *from*, but at its core: It’s an ugly Excel table that is expensive to write to (mining) and expensive to query (poorly indexed/normalized, because append only). In Bitcoin’s case specifically its a massive Excel spreadsheet that size-wise is way past the point where Excel would choke to death on it.

Sign in to participate in the conversation

The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!