August 2018
Beginner to intermediate
94 pages
2h 37m
English
Content preview from Learn Bitcoin and Blockchain
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An introduction to the blockchain
In this section, we will look at the architecture of blockchain, how it works, and what the salient features are that make it so disruptive. Blockchain was created by Satoshi Nakamoto as an infrastructure for Bitcoin and it is treated as the biggest thing since the internet. Blockchain, at a high level, consists of three major components, which are shown in the following diagram:
Let's now look into the following three major components of blockchain:
- P2P Network: A peer-to-peer network (P2P) helps maintain a consistent copy of the distributed ledger. All the transactions that are captured on the blockchain ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.