Explain the components of a Blockchain ecosystem?

Category: BlockchainExplain the components of a Blockchain ecosystem?
Editor">Editor Staff asked 2 years ago

Explain the components of a Blockchain ecosystem?

1 Answers
Editor">Editor Staff answered 2 years ago

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

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