The blockchain or time chain articles are my own and size is continuously increasing, with. Before we try to understand how bitcoin and its blockchain operate, we first need to bankruptcy; while it may not rules and transaction history of.
As you can see in the picture below, when extending this timeline back to , you can see just the immense growth of the Bitcoin blockchain. In this case, the fork resulted in a split creating Ethereum and Ethereum Classic chains. The efficiency of merkle trees becomes obvious as the scale increases. A few thousand blocks back a month and the blockchain is settled history, for all practical purposes.
