Everyone gets a copy of the code AND all the data/state, and can execute all instructions.
Problem is that it’s too slow/expensive to do anything useful.
But perhaps the killer app for blockchain is buried somewhere in this concept.
Please investigate ethereum name system(ENS) and Handshake name system.
Everyone gets a copy of the code AND all the data/state, and can execute all instructions.
Problem is that it’s too slow/expensive to do anything useful.
But perhaps the killer app for blockchain is buried somewhere in this concept.