Solidity Programming Essentials

An end-to-end transaction

Armed with the understanding of the foundational concepts of blockchain and Ethereum, it's time to see a complete end-to-end transaction and how it flows through multiple components and gets stored in the ledger.

In this example, Sam wants to send a digital asset (for example, dollars) to Mark. Sam generates a transaction message containing the from, to, and value fields and sends it across to the Ethereum network. The transaction is not written to the ledger immediately and instead is placed in a transaction pool.

The mining node creates a new block and takes all transactions from the pool honoring the gas limit criteria and adds them to the block. This activity is done by all miners on the network. Sam's transaction ...