To clearly understand the structure and functioning of this system and understand blockchain – what it is in simple terms, you will need some props. Try to take some small object that has a hook and fix it higher. You will also need a lot of paper clips. Attach a paper clip to the hook and then simply attach the next ones to the previous one. By doing this, you will demonstrate the method of operation of blockchain technology. In this case, the following analogies are drawn:
The item with the hook is the block header
each paper clip is a block that is filled with information about transactions made with a given header (each block for each transaction);
paperclip chain – a collection whatsapp number list of blocks , or blockchain, as an object.
What is blockchain in simple words for dummies? It is a program code that allows something, and makes something Virtual construction physically impossible. It is necessary to understand the difference between a ban and physical impossibility:
These iterations represent a verification
The initial address state of the cryptocurrency amount before making a transaction with it. The system automatically collects 6 confirmations of the initial state of the amount to be transferred… Excuse me, but what are these confirmations? And where do they come from? Confirmation simply implies a comparison, and what should the initial address in a transaction be compared with?
When constructing the transaction
Database, it quickly became clear that the mere impossibility of adding any data to the block chain retroactively Virtual construction was clearly not enough. A potential fraudster could create a duplicate header and simply simulate the block chain (creating records of fake transactions that never actually took place).
Important! In order to guarantee see what other customers are saying about this product the uniqueness of the numerical aero leads solution, it is necessary that all (!!!) chains for all (!!!) transactions in the cryptocurrency system are “attached” to each header.
