Comment by sktrdie

But how are the tokens distributed? Mining is really why bitcoin is revolutionary, not the blockchain. In fact, "blockchain" is not even mentioned in Satoshi's paper. So I don't understand all the hype around this term. Banks using their own blockchain simply means they have a data-structure that resembles blocks linked together similar to a linked list. What matters is how the consensus is kept for the chain and that is done using PoW mining.