{"id":39522,"date":"2022-10-01T22:47:25","date_gmt":"2022-10-01T20:47:25","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/infographic-how-the-blockchain-works\/"},"modified":"2025-08-08T15:07:38","modified_gmt":"2025-08-08T13:07:38","slug":"infographic-how-the-blockchain-works","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/knowledge\/infographic-how-the-blockchain-works\/","title":{"rendered":"Infographic: how the Blockchain Works"},"content":{"rendered":"

The blockchain and the technology behind it are on everyone’s lips – especially since Bitcoins<\/a> and other digital currencies have arrived in the mainstream. There is a lot of half-knowledge about how it works, and yet the technology is often cited or used as the basis for other, new business models. But how exactly does this work? <\/p>\n

Infographic: how the Blockchain Works<\/h2>\n
\"Infographic:<\/a>
Infographic: How the blockchain works<\/figcaption><\/figure>\n

Here we explain exactly how the so-called blockchain works:<\/p>\n

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  1. In the initial situation, person A wants to send money in the form of digital currencies to person B.<\/li>\n
  2. For this purpose, all important information of the transaction is digitally stored in a so-called block.<\/li>\n
  3. The block is then forwarded to all parties (computers) connected to the network.<\/li>\n
  4. In the next step, these parties confirm the transaction as valid.<\/li>\n
  5. After that, the block of the said transaction is attached to the existing chain. This makes the transaction irrevocably and transparently stored and visible to all participants in the network. <\/li>\n
  6. And finally the money is sent from person A to person B.<\/li>\n<\/ol>\n

    The blockchain works in such simple and yet efficient steps. It makes it possible to achieve unity in a network that is structured in a decentralized manner. <\/em><\/p>\n