Understanding Blockchain
A blockchain is a distributed ledger that records transactions across multiple nodes in a secure and tamper-proof manner. Each block in the chain contains a batch of transactions, and new blocks are added to the chain sequentially, forming a continuous and immutable record of transactions.
How to Design a Blockchain Database
Blockchain technology has gained popularity due to its decentralized and immutable nature and making it suitable for various applications beyond cryptocurrencies. At the heart of every blockchain lies its database, which stores transactional data securely and transparently.
In this article, we’ll explore the key concepts and principles involved in designing a blockchain database, along with examples and outputs for better understanding.
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