Explain the components of a Blockchain ecosystem?

DWQA QuestionsCategory: BlockchainExplain the components of a Blockchain ecosystem?
Editor Staff asked 9 months ago

Explain the components of a Blockchain ecosystem?

1 Answers
Editor Staff answered 9 months ago

Blockchain ecosystem has four main components. They are as follows.

  • Node application
  • Shared ledger
  • Consensus algorithm
  • Virtual Machine