ReasonJun

Block Structure (Size : 1MB) Size Field Description 4 bytes Block Size Size of Block 80 bytes Block Header Block Header Info 1 ~ 9 bytes Transaction Counter Number of transactions in the current block (0 ~ 3000) Variable Transaction Transaction list in Block Block Header Structure Size Field Description 4 bytes Version version info (95%^ => 2016 Block Upgrade) 32 bytes Previous Block Hash Previo..

https://bitcoin.org/bitcoin.pdf Abstract Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record tha..