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Because the term was coined by Nakamoto to describe the technology behind bitcoin. Decentralization, proof of work and other characteristics of bitcoin are int

Because the term was coined by Nakamoto to describe the technology behind bitcoin. Decentralization, proof of work and other characteristics of bitcoin are intrinsic to making the system work. Otherwise you have an inefficient database that has no reason to exist.

pvg 8y ago
You don't really need the 'otherwise'.
mhluongo 8y ago
> Because the term was coined by Nakamoto to describe the technology behind bitcoin. It wasn't- there's one mention of a "chain of blocks" in the white paper. The term "blockchain" appears to have been coined by Hal Finney.