March 2018
Beginner to intermediate
656 pages
20h 9m
English
Transactions in a Corda network are never transmitted globally but in a semi-private network. They are shared only between a subset of participants who are related to the transaction. This is in contrast to traditional blockchain solutions like Ethereum and Bitcoin, where all transactions are broadcasted to the entire network globally. Transactions are digitally signed and either consume state(s) or create new state(s).
Transactions on a Corda network are composed of the following elements: