Transactions in BlockChain

Transactions are generally stored in Merkel tree.

• Each Transactions record is hashed.
• Transactions are hashed and paired again.
• Process repeats until there is only one root hash.

 

• Each Transactions Record is Signed By Private Key of the Sender.
• The Signature is appended with the transaction.
• At Any point of time it can be validated that transaction is initiated by particular sender.
• The Public Key of the Sender can be used to generate the signature which can be validated.
• Lot of other cryptography arrangements can be used for further securing the transaction records.