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How Blockchain Works

Original slide files are available in the local preview. Public distribution is pending source-material review.

What we covered

  • Explained how a network of computers shares a record of transactions.
  • Used a three-block diagram to show how digital fingerprints, called hashes, link records and reveal changes.
  • Compared blockchain with bank records and introduced how networks agree on new transactions.
  • Explored uses beyond cryptocurrency, then reviewed the concepts and wallet safety through trivia.
Optional review questions

Choose an answer to review the meeting material. This quiz checks the presentation’s answer key, not current market knowledge. Historical or ambiguous answers carry notes. Responses are not saved.

1. What makes a blockchain hard to change?

Source: Question and answer: PDF pages 8–9

2. Why is a blockchain called "decentralized"?

Source: Question and answer: PDF pages 10–11

3. What does a "block" in blockchain contain?

Source: Question and answer: PDF pages 12–13

4. Who created Bitcoin?

Source: Question and answer: PDF pages 14–15

5. What do Bitcoin miners use to earn rewards?

Source: Question and answer: PDF pages 16–17

6. How many bitcoins will ever exist?

Source: Question and answer: PDF pages 18–19

7. What is a meme coin usually based on?

Source: Question and answer: PDF pages 20–21

8. Why are meme coins risky to buy?

Source: Question and answer: PDF pages 22–23

9. What’s the most important thing to keep secret in your crypto wallet?

Source: Question and answer: PDF pages 24–25

10. What’s a clue you’re dealing with a crypto scam?

Source: Question and answer: PDF pages 26–27