From the course: Building an Ethereum Blockchain App: 1 Introduction to Blockchain
Unlock the full course today
Join today to access over 24,800 courses taught by industry experts.
Building the blockchain story - Ethereum Tutorial
From the course: Building an Ethereum Blockchain App: 1 Introduction to Blockchain
Building the blockchain story
- So now you have a handle on a few things, blockchain related. Number one, data on the blockchain can only be added, and added and added and added and added. And read. You can't do anything else with it. Number two, you can't change any data on the blockchain, which means it's essentially immutable. Now, technically you can change it, but it's really, really, really easy to figure that out and it invalidates the blockchain, which means it's just no longer in use. And number three, it's immutable because there are multiple nodes that have to agree on any changes, and it's very easy for those nodes to detect any unauthorized changes. All right. So let's start back with that lawn mowing transaction and pair it down to just the money changing hands. In reality, on real blockchain applications, you're probably going to be storing more data than just the transaction, but let's keep it simple. Julie paid me…
Contents
-
-
-
(Locked)
The beginning of blockchain5m
-
(Locked)
Currency and cryptocurrency4m 49s
-
(Locked)
Why use the blockchain?5m 47s
-
(Locked)
Blockchain data and blocks6m 2s
-
(Locked)
Blockchain immutability2m 55s
-
(Locked)
Blockchain consensus2m 6s
-
(Locked)
Building the blockchain story3m 1s
-
(Locked)
Hashes6m 23s
-
(Locked)
What is a chain of blocks?3m 58s
-
(Locked)
Finding the nonce5m 16s
-
Blockchain mining3m 22s
-
(Locked)
Arriving at consensus5m 27s
-
(Locked)
Public vs. private blockchains3m 10s
-
(Locked)
Distributed processing and blockchain solutions5m 35s
-
(Locked)