Blockchain architecture is the foundation of blockchain technology, ensuring its security, scalability, and efficiency. In this video, we will explore the key components of blockchain architecture and how they work together.
- Consensus Mechanism: The core mechanism that allows nodes to agree on the state of the blockchain. Common mechanisms include Proof of Work (PoW) and Proof of Stake (PoS).
- Ledger: The record of all transactions in the blockchain. It is immutable and distributed across all nodes.
- Nodes: The individual computers or devices that participate in the blockchain network. They validate transactions and maintain the integrity of the blockchain.
Blockchain Architecture Diagram
For more information on blockchain technology, check out our Introduction to Blockchain.