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BLOCKCHAIN-BASICS4 MIN READ

Sort the blockchain building blocks

Match common blockchain components to their operational roles.

Place each blockchain building block in the job bucket it primarily performs. Key and signing Network and consensus On-chain logic Data bridge and visibility Wallet manages a user's private key and signs transactions Seed phrase or private key controls account recovery and signing access Node stores, verifies, and relays network data Validator participates in block proposal or attestation under consensus rules Smart contract runs code and stores state at an on-chain address Contract function changes or reads state when called Oracle supplies off-chain facts for on-chain use Block explorer displays indexed transaction and block data to humans

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