Blockchain

Blockchain Basics

A calm introduction to blocks, nodes, consensus, transactions and finality.

Blocks and state

Blockchains maintain shared state under a set of protocol rules. Different networks use different consensus and validation designs.

Transactions

A transaction is typically a signed instruction submitted to a network. Fees, ordering and finality vary.

Nodes and validation

Nodes can validate, relay or store data. Their roles depend on the network.