A Crypto Product Manager based in New York City. Passionate about Ethereum and L2s. Proponent of fair taxation on Crypto.
Blockchain — A Short and Simple Explanation in Pictures
A Blockchain is a method of storing data. Data is stored in blocks which are linked to the previous block.But what does a “Block” look like? Each “block” containsData of transactionsA unique fingerprint for all the data in the block called a hashA hash of the previous block’s dataWhat does each of these items mean? Data in the block usually consists of transactions. A block can contain hundreds of transactions. Alice sending Bob $100 is an example of a transaction in a blockA hash is a unique...
Blockchain — A Short and Simple Explanation in Pictures
A Blockchain is a method of storing data. Data is stored in blocks which are linked to the previous block.But what does a “Block” look like? Each “block” containsData of transactionsA unique fingerprint for all the data in the block called a hashA hash of the previous block’s dataWhat does each of these items mean? Data in the block usually consists of transactions. A block can contain hundreds of transactions. Alice sending Bob $100 is an example of a transaction in a blockA hash is a unique...
