Based on the previous five steps, you should now be able to trace ownership based on the whole history of transaction data and to describe individual transfers of ownership in a secure way by authorizing transactions with digital signatures and identifying user accounts uniquely. However, I have not spent any time discussing how to store all the transaction data that make up the transaction history in a secure fashion. This is the point where the blockchain-data-structure enters the discussion. This step introduces the blockchain-data-structure ...
© Daniel Drescher 2017
Daniel Drescher, Blockchain Basics, 10.1007/978-1-4842-2604-9_14
14. Storing Transaction Data
Building and maintaining a history of transaction data
Daniel Drescher1
(1)Frankfurt am Main, Germany
Get Blockchain Basics: A Non-Technical Introduction in 25 Steps now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.