How Blockchain Technology Will Affect Business Platforms blockchain | Seite 4

New Block get
added at even
time intervals
Block store
information of
previous blocks,
therefore they
are chained in
a cryptography
manner
Network Stores all
Inforamtion in data
piece called block
Each block has a
limited sotrage
capacity
The first block in the
chain is called the
Genesis Block
Why is it called
Blockchain?
Each node on the
network stores a
copy of the entire
blockchain
Peer to peer network