Sequence about transaction with PolyChain, blockchain writtin in Rust
Hi
🌐 Dive into the inner workings of a blockchain with this sequence diagram! 🔗
Today, I’m sharing a clear and detailed overview of a transaction process on a blockchain, from creation to validation. Here are the key steps:
1️⃣ Initiation: The user creates a new polytransaction with the sender, receiver, and amount details.
2️⃣ Signing: The transaction is signed via PolyTransaction and verified using CryptographyBridge.
3️⃣ Validation: PolyChain verifies the transaction by checking public keys and balances.
4️⃣ Block Creation: Once validated, the transaction is added to a polyblock through PolyBLOCK, which calculates a hash with a nonce for security.
5️⃣ Consensus: ConsensusBridge validates the block based on the defined difficulty before it’s added to the chain.
This process perfectly illustrates how security, transparency, and consensus work together in a blockchain. 💻
🔍 What are your thoughts? Do you have any blockchain experiences or projects to share? Let’s discuss in the comments!
#Blockchain #Tech #Cryptography #Innovation #PolyChain