Decoding Blockchain: A Step-by-Step Guide for Beginners

Demystifying #Blockchain: A Beginner’s Guide

Blockchain technology is revolutionizing industries around the world, but for many, it can still seem like a complex and mysterious concept. This diagram breaks down the process of building a blockchain into simple steps, making it easier for beginners to understand.

The diagram highlights the following key stages:

▶️ Request: A user initiates a transaction, such as sending money to another person.

▶️ Block: The transaction is bundled with other recent transactions into a block.

▶️ Broadcast: The block is sent to all nodes in the network for verification.

▶️ Validation: Nodes validate the block by solving a complex mathematical puzzle.

▶️ Addition: The validated block is added to the existing blockchain, creating a permanent and tamper-proof record of the transaction.

Decoding Blockchain: A Step-by-Step Guide for Beginners

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