Database Answers Bitcoin Data Model
Home Ask a Question Best Practice Careers Contact Us Data Models Search Site Map
The Blockchain Data Model 
Back to the Data Model
These Business Rules are copied for-for-word from the diadgram on the right.

Business Rules
Step 1. Counterparty sends funds to Counterparty B.
Step 2.The transaction is configured into a block.
Step 3.The transaction is broadcast across the entire
         network which validates it.
Step 4. The block is then added to the chain which
         records the entire non-reservisible history of
         transactions in a public ledger.
Step 5.Counterparty A receives funds from Counterparty A.

Bitcoin Data Model


© Database Answers Ltd. 2017
About Us Contact Us