How does the Blockchain Work? (Part 1)
Collin Thompson
3.3K26

Hi,

thanks for the article. it helped but this is where i lost the thread-

When a digital transaction is carried out, it is grouped together in a cryptographically protected block with other transactions that have occurred in the last 10 minutes and sent out to the entire network. Miners (members in the network with high levels of computing power) then compete to validate the transactions by solving complex coded problems.[11]

— that have occurred in the last ten minutes… ??? occurred where? maybe doesn’t matter but seems important.

so i send my friend some money it goes into the block for validation by miners, gets a stamp like at the post office and then gets delivered to or picked up by my friend.

i want the aha moment. thx.

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