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1.2 Blockchain Preliminaries 1.2.1 Functioning of Blockchain

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Blockchain is a collection of heterogeneous distributed networks. It considers as a unique technology of this century among other famous innovations because of its elements like crypto techniques, consensus algorithms, and public ledger; working procedure of blockchain consists of various styles, among those we mentioned some of them: customer, client, or node who desire to make a transaction will record and broadcasts the data to the appropriate setup, next to the receiver or the node who interest to receive the data validate the genuineness of data received, and after validation stores data in a block inside the network, every node or the customer in the network authorize the transaction through implementing the PoW or else PoS algorithms which need the validation, and finally, the network that utilized the consensus models will be stored into the block and connected to the blockchain list. Then, every single node in the setup acknowledges the relevant block and then enlarges the chain position on block.

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