©  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 Drescher

(1)Frankfurt am Main, Germany

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 ...

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