The decentralized, fully distributed nature of the blockchain makes it practically impossible to reverse, alter, or erase information recorded in it.
Source quote, verbatim
The decentralized, fully-distributed nature of the blockchain makes it practically impossible to reverse, alter, or erase information in the blockchain.
From
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), IV. Blockchain Technology, p. 10 https://ssrn.com/abstract=2959730 · source PDF
Cite as
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730
Holds when
fully distributed networks where multiple copies are held by all participants
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