Simplifying Blockchain – Part 3
Let's continue the elements and components we started to talk about in part 2. 4- Blocks Blocks are the basic element in the blockchain. Block contains records of the past…
Simplifying Blockchain – Part 2
In Part 1, we've discussed the basic understanding and the reason behind blockchain. We ended up with the elements and components of blockchain like:
Simplifying Blockchain – Part 1
Blockchain is a network, connecting multiple entities involved (or not) in any transaction. not only to perform a transaction but also to verify it. Just as "My friend" and "Registration office". They didn't involve in payment at all, but they are here to verify.