Observation: Noticing and describing a phenomenon. Question: Formulating a question based on the observation. Hypothesis: Proposing a tentative explanation or prediction. Experiment: Testing the hypothesis through controlled experiments. Analysis: Interpreting the data and results. Conclusion: Drawing conclusions and refining the hypothesis if necessary. Publication: Sharing results with the scientific community.
Conclusion: Drawing conclusions and refining the hypothesis if necessary. Transactions are verified by network nodes through consensus mechanisms. Experiment: Testing the hypothesis through controlled experiments. Once added, blocks cannot be altered without changing subsequent blocks. Blockchain ensures transparency and security in data management. Each block contains a list of transactions and a hash of the previous block.