Friday

How Blockchain Work [Infographic]

Posted By: Arin Dey - March 30, 2018
Blockchain is a type of data structure that identifies and tracks transactions digitally and shares this information across a distributed network of computers, creating in a sense a distributed trust network. The distributed ledger technology offered by blockchain provides a transparent and secure means for tracking the ownership and transfer.


 Below is a simple flow diagram that shows how blockchain works.

Source: Bitcoin: A Peer-To-Peer Electronic Cash Systems

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