Key Concepts in Blockchain: Hashing, Blocks, and Nodes
๐ 1. Hashing
Definition: Hashing is the process of converting data into a fixed-length string of characters using a cryptographic algorithm (e.g., SHA-256).
✅ Key points:
A hash is unique to the input data (like a digital fingerprint).
Even a tiny change in input produces a completely different hash.
Hashing ensures data integrity — if the data is altered, the hash changes.
Example:
plaintext
Copy
Edit
Input: "Hello"
SHA-256 Hash: 185f8db32271fe25f561a6fc938b2e264306ec304eda518007d1764826381969
In blockchain, hashing is used:
To link blocks securely.
To verify transactions and data integrity.
๐ฆ 2. Blocks
Definition: A block is a container that holds a list of transactions and some metadata (like timestamp, previous hash, etc.).
✅ Structure of a block:
Block Header:
Hash of the previous block
Timestamp
Nonce (used in mining)
Block Body:
List of transactions
Blockchain = Chain of Blocks
Each block references the hash of the previous block.
This chaining makes the blockchain tamper-proof — altering one block breaks the chain.
๐ 3. Nodes
Definition: Nodes are computers that participate in the blockchain network.
✅ Types of nodes:
Full Node: Stores the entire blockchain and validates transactions and blocks.
Lightweight (SPV) Node: Stores only part of the blockchain; relies on full nodes for validation.
Miner Node: Special nodes that validate transactions and add new blocks to the chain (via mining or staking).
Role of nodes:
Maintain the network by validating and propagating transactions.
Reach consensus on the state of the blockchain.
Ensure decentralization — no single entity controls the blockchain.
๐ Summary
Concept What It Does Why It Matters
Hashing Converts data to a fixed string Ensures data security and integrity
Blocks Store transaction data Form the backbone of the blockchain
Nodes Run the network Keep the system decentralized and secure
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