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  • How Does Blockchain Work

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    jellie j
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    Blockchain works by recording information in a record, using a consensus algorithm to verify the validity of the information, combining valid records into blocks of information, and creating new blocks.

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    How-does-Blockchain-work.pptx

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    Blockchain works by recording information in a record, using a consensus algorithm to verify the validity of the information, combining valid records into blocks of information, and creating new blocks.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views3 pages

    How Does Blockchain Work

    Uploaded by

    jellie j
    Blockchain works by recording information in a record, using a consensus algorithm to verify the validity of the information, combining valid records into blocks of information, and creating new blocks.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    HOW DOES BLOCKCHAIN WORK?

    STEP 1
    The Blockchain system record
    information to form a record

    Blockchain’s STEP 2
    working The consensus algorithm verify the
    validity

    process STEP 3
    Combine the records and arrange into a
    block of information

    STEP 4
    Create new block

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