English

Blockchain Technology Overview

Cryptography and Security 2019-06-27 v1 Databases

Abstract

Blockchains are tamper evident and tamper resistant digital ledgers implemented in a distributed fashion (i.e., without a central repository) and usually without a central authority (i.e., a bank, company, or government). At their basic level, they enable a community of users to record transactions in a shared ledger within that community, such that under normal operation of the blockchain network no transaction can be changed once published. This document provides a high-level technical overview of blockchain technology. The purpose is to help readers understand how blockchain technology works.

Keywords

Cite

@article{arxiv.1906.11078,
  title  = {Blockchain Technology Overview},
  author = {Dylan Yaga and Peter Mell and Nik Roby and Karen Scarfone},
  journal= {arXiv preprint arXiv:1906.11078},
  year   = {2019}
}

Comments

68 pages, National Institute of Standards and Technology Internal Report