If confusion is the first step to knowledge, the world is full of geniuses. I am still regularly confused by many things, including supporters of the US President & why a round pizza comes in a square box with triangular slices.
There are still people out there who understand the basic tenets, benefits, disadvantages & potentials of blockchain without an intrinsic understanding of blockchain transactions. For simplicity, lets define transactions as an entry to the blockchain.
Do transactions get pooped out in neat, little, synchronous, linear blocks? Yes, No & Maybe. How's that for a quantum answer?
In many blockchains, there are blockweights or block size. Transactions go into a transaction pool & nodes start to pack them in blocks. Once the limit is reached, a block is emitted. When you expand the 2nd pic below, you will see that a Bitcoin block has between 750-2,700 transactions. Transactions may not be in order. If a transaction is stalled because of validity or any other reason, or arrives after the packing process starts & other later transactions in the pool get picked up first, then the transactions aren't in order. But there are also blockchains where a single transaction is a block. It depends on the guts of the blockchain.
(originally appeared as a Linked In post: https://www.linkedin.com/in/ken-bodnar-57b635133/ )
No comments:
Post a Comment