World Database (Blockchain)¶
The world database stores requests sent to the world computer. These requests are referred to as transactions. The transactions are collected into sets referred to as blocks. The blocks form a tree and a single path through that tree defines the blockchain. The blockchain stores other information in addition to transactions such as transaction logs. Lastly, process of creating, verifying and adding new blocks to the blockchain is referred to as mining.
The blockchain distributed database architecture was first introduced to the world in the Bitcoin system.