This diagram shows the addition of a model new consortium, X1, which defines R1 and R2 as its constituting organizations. Note that a consortium can have any number of organizational members – we now have just shown two as it’s the easiest configuration. We can see that the first thing that defines a network, N, is an ordering service, O4.
To start with, new blocks are all the time stored linearly and chronologically. After a block has been added to the end of the blockchain, it is extremely difficult to return and alter the contents of the block until a majority of the network has reached a consensus to take action. That’s as a result of each block incorporates its personal hash, along with the hash of the block before it, as well as the previously talked about time stamp. Hash codes are created by a mathematical function that turns digital info right into a string of numbers and letters. If that information is edited in any means, then the hash code adjustments as well. To validate new entries or records to a block, a majority of the decentralized network’s computing power would want to agree to it.