How Blockchain Transactions Work: From Initiation to Immutable Confirmation (Part 2)
Transaction flow visualization (Blockchain.info) The preceding screenshot visually shows how the transaction flowed on the network from origin (sender)…
transaction
Commands: A Complete Guide to Understanding This Blockchain Concept
Exchange of messages such as version, getaddr, and getdata can be seen in the following example along with the appropriate comment describing the…
How Blockchain Transactions Work: From Initiation to Immutable Confirmation (Part 2)
There are various scripts available in Bitcoin to handle the value transfer from the source to the destination.
Proof Of Coinage: A Complete Guide to Understanding This Blockchain Concept
A clear and expert guide to Proof Of Coinage — covering how it works, why it matters for blockchain, and how it’s applied in real-world decentralized systems.
Digital Signatures in Blockchain: How Identity and Authenticity Are Verified
Digital signatures provide a means of associating a message with an entity from which the message has originated.
Execution Environment: A Complete Guide to Understanding This Blockchain Concept
There are some key elements that are required by the execution environment to execute the code.
How Blockchain Transactions Work: From Initiation to Immutable Confirmation (Part 2)
A transaction substate is created during the execution of the transaction that is processed immediately after the execution…
How Blockchain Transactions Work: From Initiation to Immutable Confirmation (Part 2)
A message call requires several parameters for execution, which are listed as follows: The sender The transaction originator…
Blockchain: A Complete Guide to Understanding This Blockchain Concept (Part 2)
Blockchain is a public ledger of a timestamped, ordered, and immutable list of all transactions on the Bitcoin network.
History: A Complete Guide to Understanding This Blockchain Concept
Smart contracts were first theorized by Nick Szabo in the late 1990s in an article named Formalizing and Securing Relationships on Public…