© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
W.-M. LeeBeginning Ethereum Smart Contracts Programminghttps://doi.org/10.1007/978-1-4842-9271-6_2

2. Understanding Blockchain

Wei-Meng Lee1  
(1)
Ang Mo Kio, Singapore
 

One of the hottest technologies of late is blockchain. But what exactly is a blockchain? And how does it actually work? In this chapter, you will explore the concept of blockchain, how the concept was conceived, and what problems it aims to solve. By the end of this chapter, the idea and motivation behind blockchain will be crystal clear.

Tip

For the clearly impatient, a blockchain is a digital transaction of records that is arranged in chunks of data called blocks. These blocks link with each ...

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