Courses
Blockchain basics
Chaining the blocks
Odak modu
Blockchain Basics
Welcome to Blockchain Basics
Your journey in this module
Hashing the data
Hashing the data - Demo
Hashing the data - cont
Block of data
Block of data - Demo
Chaining the blocks - Demo
Single chains
Distributed chains
Which chain represents the truth?
Making the longest chain the “true” blockchain
A time-consuming puzzle
Multiple computers working on the puzzle
They solve puzzles faster
They can also cooperate to falsify
The risk?
Solving the puzzle: Mining
Solving the puzzle: Mining - Demo
Why does it work?
How difficult is it to find a nonce?
Your hash rate
Hash rate - Demo
Solving the puzzle: Mining - Cont
Many computers trying to solve the puzzle: Nodes
Many computers trying to solve the puzzle: Nodes - Demo
Recap
You did it!
When we want to add new blocks, we will just chain the new ones at the end of the previous one. Surprisingly simple, right?
This way, we will create consecutive dependencies between blocks.
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