It is a blockchain, in a certain sense. But for the most important sense, it is not.

Compare this to something like Voice, which is (presumably) on a blockchain as well, but that blockchain is hidden and inaccessible to the public, from what I can tell.

If Engine were a private database with a public API, there would be almost no difference in how it operates, apart from the ability to query the database without needing permission.

Who runs a copy full of the Engine databases for doing queries? Very few of us. But it's an option.

Private exchanges usually run their databases without allowing public access to that database. So in that particular sense, Engine is a single step in the right direction.

Engine is really just an open database in the style of a blockchain. It can possibly move in the direction of a true blockchain. So that's nice.

Posted Using LeoFinance ^Beta