After reading our first two articles about what a blockchain is, you know that in its simplest form it’s a method to store data. This method of handling data allows you to transfer value without involving a central entity.
Now we will examine the parts that make a blockchain work, as well as how identity and ownership are used to ensure you are the only one with access to your funds.
1. The Elements of a Blockchain
In this article we discuss two important parties that play a part in a blockchain ecosystem: Miners and Nodes.
2. Identity in Blockchain
Next we talk about where cryptography enters the scene and what this has to do with your identity. Without identity there can't be ownership.