Non-hierarchical
A hierarchical system is the one commonly found within companies and organizations. People at the top of a hierarchy have overwhelming power to direct resources and events. A hierarchy comes in different extremes. At one extreme, you could have a system wherein a single arbiter holds absolute power. At the other extreme, you could have a system where each member of the system holds identical direct power and therefore control exists through influence, reputation, or some other form of organizational currency.
In blockchain, a few forms of non-hierarchical patterns have emerged. The first is in proof-of-work mining systems. All miners are fundamentally equal participants in the blockchain, but their influence is proportional ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access