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Blockchain Mechanics (.odf format)

Please tell me, "What is blockchain, how does it work? See also article posted on LinkedIn, Free to use, as is but respecting C)

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© Peter van Emst What about Blockchain? 46ce9dc1abb225f655f6d1e3af38c8eab4b891f3d366ee54e1b0b8d82a291ec9 what about Blockchain? fb5dc7a512887bd4a24d469d04669d001b1a74c799d831664eb949f2527f6945 NONCE Version info Hash previous Block Time stamp Transactions Hash 000000000000002e9067f1cf7252333f7aeb619c89d220985a70ac0e015248e0 Difficulty HASH  CONSENSUS BLOCK HASHING

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Blockchain Mechanics (.odf format)

  • 1.
    © Peter vanEmst What about Blockchain? 46ce9dc1abb225f655f6d1e3af38c8eab4b891f3d366ee54e1b0b8d82a291ec9 what about Blockchain? fb5dc7a512887bd4a24d469d04669d001b1a74c799d831664eb949f2527f6945 NONCE Version info Hash previous Block Time stamp Transactions Hash 000000000000002e9067f1cf7252333f7aeb619c89d220985a70ac0e015248e0 Difficulty HASH  CONSENSUS BLOCK HASHING

Editor's Notes

  • #2 1.: Computernodes with connectivity The Internet. 2.: On top if this we use agreed protocols 3.: Blockchain can be seen as a protocol on top off (Distributed DB with rules / Chain of blocks with Transactions, dependecy link) 4.: