In the context of data security, the immutability of data stored on blockchains is important. What do people mean when they say “Blockchains are immutable”? In this post I try to explain the key concepts.
Recently over dinner, I was asked to explain bitcoin mining, and I struggled as it is entangled with a number of other concepts. Here’s my attempt at breaking it down into bite-sized pieces.
I’m often asked what’s in a blockchain, so I put this infographic together as an aide memoire using bitcoin’s blockchain as the example.
Although other blockchains will have differences, the overall structures should be similar.
Infographic designed by fractalphia.com
This is also available in French produced by BitConseil.
Print a poster
Click here for a higher resolution version that is a great size and shape to print out on A3 and stick on your wall as a quick reference!