What Is Blockchain

Q

What Is Blockchain?

✍: FYIcenter.com

A

A blockchain is a growing list of data blocks that are cryptographically chained together.

A blockchain has the following main features:

  • A data block has a header and a list of data transactions.
  • Merkle hash tree is used to store a fingerprint of all transactions in the block header.
  • Fingerprint of the previous block is stored in next block header to form a block chain.
  • The block chain is distributed and maintained by multiple systems to form a blockchain network.

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2022-03-29, 915🔥, 0💬