(7/7) Please see the next post on how we utilize public/private/signatures to safely make transactions and prevent others from spending all our hard-earned cash!
References:
https://t.co/IUGaTxjcpo
https://t.co/NFXtkO8rwP
(1/7) GM everyone! today weโll be talking about how currency is exchanged in the blockchain. This builds off of previous lessons so please visit this link to catch up https://t.co/TMA9Hdch8L :).
(6/7) In this format, there is no way to stop someone from creating a transaction that spends someone elseโs money. In other words, someone can place a transaction that spends all of Anderโs fortune and thatโs not good! This is where public/private/signatures come into play.
(11/11) In the next lesson, weโll learn about the data field and how we can use this field to keep track of more significant information.
References:
https://t.co/IUGaTxjcpo
https://t.co/NFXtkO8rwP
(1/11) GM everyone, today weโll be talking about distributed blockchains. Weโll be building off of the previous โblockchainโ post which you can find here: https://t.co/TMA9Hdch8L.
(10/11) In our case, the hash that begins with โ0000aeโ wins because it appears last in 2 out of the three last blocks from Peer A, B, and C. With this process we can confidently say that Peer A has been tampered with.