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Topic
Board Development & Technical Discussion
Re: How do nodes confirm transactions and determine if a block is valid or not
by
minersday
on 09/02/2024, 01:31:47 UTC
I've been trying to understand the concept of bitcoin for a while now, especially its technical aspects, so I've been doing some personal research on my own, but I still find it difficult to comprehend some parts of it.
I learned during my research that a node is a computer on the blockchain network that sends and receives transactions with other nodes while also validating and storing those transactions and I also read that transactions on the blockchain are kept and encrypted within blocks and that a  block's transactions needs to be verified in order for a new block to formed.

I need more explanation because I still don't understand how a node confirms a transaction and determines whether a block is valid, it seems too complicated.



Consensus is the mechanism by which nodes validate blocks and confirm transactions. Consensus procedures in a blockchain network guarantee that all nodes concur on the ledger's current state, including which transactions are legitimate and which blocks ought to be added to the chain.

When a transaction is broadcast across the network, it propagates to all nodes. Each node checks the transaction to ensure that it fits particular conditions, such as having a valid digital signature, spending no more than the sender's balance, and so on.