Copies of the blockchain shared across many computers
A blockchain ledger copied on many computers. No one person or company controls it, and a changed copy is spotted by comparing it with the others.
Understanding Copies of the blockchain shared across many computers in IGCSE Computer Science Paper 1
What it does: The computers compare copies. A copy that does not match the others is rejected as false. Each computer in the network holds its own copy, so no one person or company owns or controls the ledger. A blockchain is shared. Many computers each hold a copy, so there is no single central store. Decentralised means control is spread out. A centralised ledger is held and controlled in one place. The shared copies should all be identical. Matching copies show the ledger is trustworthy. This describes a centralised ledger, not a shared blockchain ledger.
Common mistakes: A shared ledger needs many computers, each holding a copy. With only 1 computer there is a single copy, so it would not be decentralised. It should be a number greater than 1, such as 5. A decentralised ledger has no single owner. No one person or company controls it, so owner should be NONE.
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