Basics of blockchain in easy way!

in #partiko6 years ago (edited)

What blockchain is in simple words ?

"What I've learned so far.
I'll share with you what I have studied about blockchain, I've done deep studies to understand blockchain. What is a blockchain and how it works. Of course a lot of you may have already know what is it, But I will explain you in a more simple way with some diagrams,"

Blockchain;

is a virtual ledger, where each record of this is a block. That records are distributed on network for everyone, where them can read and write, but not change the information of it. To get understand better, let's get to know what is a block and what is inside of it, and then how a block connects with other block. For understand this, I'm going to explain blockchain based in the bitcoin implementation.

Diagram of a block

https://s3.us-east-2.amazonaws.com/partiko.io/img/aftabkhan123-basics-of-blockchain-in-easy-way-1534103854253.png


Each block contains a header and a body.

These are the data that each block have. Besides that, every block has a maximum size in bytes that is defined by the developer. When this maximum size is reached, this block is added on the blockchain and a new block starts to be created.
Orignal source Full Article




Copyrights & credits:

Some of the changes I made in upper portion of paragraph,

All images in this post were taken from the source the Copyright of public domain and orignal sources are attached,

https://dev.to/gmfcastro/my-best-shot-explaining-blockchain-4873

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Aftab khan

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