Overview of blockchain and bitcoin (Part 2)

Block Block is where transactions are grouped, sealed and stored. Transactions grouped together by a mechanism called Merkle tree. Computer will hash all transactions in a block, to find Merkle root. Merkle root hash is stored in block header. If a transaction cannot find another one to form a pair, it is hashed with itself. […]

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Overview of blockchain and bitcoin (Part 1)

Disclaimer Articles in this series use contents from many resources in the internet, whose roots are hard to trace. Majority of ideas are from secondary research. We also do not provide any financial information, such as which cryptocurrency to invest, when to buy or sell, or price prediction. We are only taking a look on technology […]

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