How Does Blockchain Work?

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How Does Blockchain Work?How Does Blockchain Work?How Does Blockchain Work?

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a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.

The digital ledger is often described as a “chain” that’s made up of individual “blocks” of data. As fresh data is periodically added to the network, a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.

The name blockchain is hardly accidental: The digital ledger is often described as a “chain” that’s made up of individual “blocks” of data. As fresh data is periodically added to the network, a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.