Heres how the transaction process works

1. A transaction Is requested

2. The transaction Is broadcast

3. Validation by the network

4. The transaction is packaged into a block

5. The block is added to the chain

6.The ledger Updates everywhere

The ledger updates everywhere All copies of the blockchain across the network update at the same time, ensuring consistency.4. The Transaction Is Packaged into a Block

What are smart contract in blockchains?

A smart contract is a self-executing program that runs on a blockchain. Instead of being managed by people or companies, the contract’s terms are written directly in computer code.