Ethereum: How to create and transmit blocks
The Ethereum network is a decentralized blockchain that allows the creation, transmission and implementation of intelligent contracts and decentralized applications (applications). The process of how to create and transmit blocks in Ethereum involves several key components. Here is a review of the steps associated:
Block Create
The block is a collection of transactions that are confirmed by the network and added to Blockchain. In order to create a new block, the following steps must arise:
- Mining : Miner (or validator) collects a group of transactions not confirmed by Ethereum network.
- Consent : The miner offers a new block on the web using complex mathematical algorithms called Proof of Work (Power). This process is similar to how Bitcoin uses power, but with some key differences.
- Validation of the block : Once the block offered by the network has been checked, it is transmitted to all nodes on the Ethereum network.
Blockchain structure
The structure of Blockchain consists of a series of blocks, each containing an identifier called “hash”. The bloc’s hash acts as a reference point for the entire blockchain. Each block also contains metadata for transactions included in the block, including:
* Transactions : Unique identifiers for each transaction.
* from and to the addresses : The sender and recipient addresses associated with each transaction.
* Sum : The amount of ether (ETH) or other markers transferred to each transaction.
Broadcasting
After creating and checked a new block, it is transmitted to all nodes on the Ethereum network. This process provides:
- Hashing
: The hash of each block is a hash using an encrypted algorithm called Kecak-256.
- Signature : Therefore, the hash block is signed with a private key connected to the miner or validator who created the block.
- Network Network
: Blockade and hash are transmitted to all nodes on the Ethereum network.
Check
In order for a new block to be accepted as valid, it must be checked by the network using the following steps:
- Validation of the block : The nodes on the Ethereum network check that the transactions of each block are valid and follow the rules of the Ethereum network.
- Consent : Nodes must also agree on the validity of the new block.
Conclusion
In conclusion, the creation of blocks in Ethereum includes a combination of yield, consent and transmission. The blockchain structure allows the creation, transmission and implementation of intelligent contracts and decentralized applications. Understanding how the blocks are created and transmitted, we can get a more in -depth assessment of the complexity and strength of the Ethereum network.
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