Understanding the Ledger: Blocks, Chains, and Consensus
Picture a digital notebook where each page summarizes itself using a unique hash. When pages link, changing one page breaks the whole chain. This simple principle safeguards financial records and underpins the fundamentals you will teach and use.
Understanding the Ledger: Blocks, Chains, and Consensus
Proof of Work and Proof of Stake are different ways a network agrees on the next block. For financial education, understanding incentive design, penalties, and participation helps learners evaluate security, energy impact, and appropriate use cases responsibly.
