Block In a Block Chain- Data!

in block •  6 years ago 

Hello Everyone,

As promised, in this blog we will tell what exactly is Data in the block chain!

So Data belongs to all important information which belongs to a particular transaction.

For example in case of Bitcoin-

As shown above, the data in terms of block of a block chain in Bitcoin consists of-

  1. From --> From which account the number of bitcoins got transferred.
  2. To --> To which account the number of bitcoins got transferred.
  3. Amount--> How many number of Bitcoins got transferred.

Hope you enjoyed this blog!

Stay tuned for our next blog to get to know about the term 'Hash' , in a Block of Block Chain.

Needless to say, kindly follow us and leave your valuable comments, in case you want to know more about this amazing technology.

Thanks!

block chain bitcoin crypto currencies
6 years ago by

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