Asking 3 questions to understand blockchains

I think it’s useful since there is a lot of confusion in the space to comprehend how all blockchain parts fit together. In a multi-chain world there’s a bigger need for clear understanding as multi-chain and modular systems have more moving parts to operate. So over the last month or so I tried to create a framework to understand blockchains. My plan was to pick a few fundamental properties of blockchains that both explain what is going on and make observable difference to the end users. Hope you find it useful. Introduction There are different ways to explain blockchains. Some like to describe technical terms and dive into each one in detail, some like to give analogies to real life examples and others like to start from first principles of economics and computer science and then slowly build their understanding of blockchains. My prefer way is to think blockchains is to think about the properties that make observable differences to end users. So I look for properties that are meaningful to end users but also explain what’s happening under the hood. These properties are who can include transactions in behalf of the end user, when transactions are final and can’t…

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