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RE: Anatomy Of The Blockchain

in #blockchain8 years ago (edited)

Your post contains some inaccuracies. The Steem blockchain network primarily uses delegated proof of stake instead of proof of work to authorize nodes with witness accounts to create blocks. There is a miner block creator each round (a round is 63 seconds to produce 21 blocks) but it is only 1/21 of all block producers.

Blocks are not created when the Steem network nodes establish consensus, blocks are created when a witness is scheduled to create it. These new blocks are broadcast to the network which then agrees that they are valid and reaches consensus.

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Thanks so much for your feedback @pfunk, I edited / updated some of the language in that last diagram... Is this more applicable now?

@pfunk, just finished editing! Thanks again, if you have any resources on hand that might help visualize this process better I would greatly appreciate it. Again, thanks for your supportive comments.

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