In this chapter, I combined the things you learned during the last three chapters, and, in a brief recap, reviewed the basic flow of data and transactions on a blockchain. I also described how the data is processed in a step-by-step approach. Besides the flow of data, I explained the layers that are part of the architecture used by a blockchain. In the sections that followed, I went into each step of the data and transaction flow and explained them in more detail. The goal of this chapter was to map certain terms learned in previous chapters to the basic flow and the layer architecture of the blockchain.
I continued by answering the question of how a transaction can be initiated using different kinds of channels using the available ...
