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RE: Blockchain in 375words. Simple illustration for beginners

in HODL4 years ago

Very interesting thought and post !

Thank you for posting it in our community ;).

I will just make a small footnote, if the notes are the transactions, then they cannot be "different" as in your example as on the Blockchain the nodes record the exact same transaction right?

Sincerely,

@hodlcommunity

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Yes the notes recorded by each student cannot differ from others else there is a disparity thus nullifying the evidence the the teacher wrote something in the first place.

If more than 51% of the nodes records a transaction then it can be accepted that the transaction really occur.. You must have heard of Satoshi's illustration of the three generals