prompter: Can you explain how blockchain works in simple terms?

assistant: Sure, I'll do my best to explain how blockchain works in simple terms.

At its most basic level, a blockchain is a digital ledger that records transactions in a secure and transparent way. Think of it as a shared spreadsheet that multiple people can access and edit, but once something is recorded, it can't be altered or deleted.

Every time a transaction is made on a blockchain, it is verified and added to a "block" of transactions. Each block is then cryptographically secured and linked to the previous block, forming a chain of blocks - hence the name "blockchain". The blocks are stored on multiple computers or nodes in a decentralized network, making it very difficult for any one party to manipulate the system.

In order to add a new block to the chain, it must be validated by the network of nodes using complex mathematical algorithms. This process is called "mining" and it requires a lot of computing power. Miners are incentivized to participate in the network with rewards in the form of cryptocurrency.

Once a block is added to the chain, it becomes part of a permanent and transparent record of all transactions on the blockchain. This makes it very difficult for any one party to commit fraud or manipulate the system, since any changes would have to be approved by the entire network.

prompter: Could you make it simpler? Like, using bullet points summarizing everything?

assistant: Here are the simplest bullet points that explain how blockchain works:

- Blockchain is like a digital ledger that records transactions.
- Each transaction is a block that is added to the chain of blocks, forming a chain of transactions.
- Once a transaction is added to the blockchain, it cannot be changed or deleted. This makes it a secure and reliable record.
- To add a block to the chain, it needs to be verified by a network of computers called nodes.
- Nodes use complex algorithms to ensure that the new block is valid and authentic.
- Once the block is verified, it is added to the blockchain, and a unique code is created to represent it.
- This unique code is called a hash, and it ensures that the block cannot be altered without detection.
- The blockchain is decentralized, meaning it is not stored in a single location, and all nodes have a copy of the chain.
- This decentralization makes it nearly impossible for hackers to compromise the blockchain.
- Blockchain can be used for many applications, including cryptocurrencies like Bitcoin and Ethereum, as well as supply chain management and voting systems.

assistant: Sure, here's a simplified summary of how blockchain works:

A blockchain is a secure digital ledger that records transactions.
Transactions are verified and added to a "block" of transactions.
Each block is cryptographically secured and linked to the previous block, forming a chain of blocks.
The blocks are stored on multiple computers or nodes in a decentralized network.
In order to add a new block to the chain, it must be validated by the network of nodes using complex mathematical algorithms, a process called "mining".
Miners are incentivized to participate in the network with rewards in the form of cryptocurrency.
Once a block is added to the chain, it becomes part of a permanent and transparent record of all transactions on the blockchain.

assistant: - A blockchain is a digital ledger of transactions, shared across a network of computers.
- Transactions are signed by the sender with cryptographic proof of ownership.
- Competing miners gather transactions to form a block of transactions.
- Successful miners are rewarded by newly issued coins, creating an incentive to mine
- Once a block is added to the chain, it can't be changed or deleted
- This makes the blockchain very secure and tamper-proof

assistant: In simple terms a Blockchain is typically used to find consensus in a distributed system without a central authority.

The typically have the following properties to achieve that:
- The blockchain data is distributed and copied to each participating party. So every user has a full copy of the chain.
- Once downloaded, each party can verify the validity of the chain without external help. This is typically done with a fixed (hard-coded) Genesis Block (first and only block without a parent) and cryptography.
- A consensus algorithm that dictates how data is added to the chain in a way that prevents cheating (for example double spending in a crypto currency)

assistant: Here's a simplified step-by-step process of how blockchain works:

1. A user or a node initiates a transaction, signing it with its private key.
2. The private key generates a unique digital signature, making sure that no one can alter it.
3. The transaction gets broadcasted to the verifying nodes, where the blockchain platform can use different methods to verify whether the transaction is valid or not.
4. Once the nodes verify that the transaction is authentic, it will get a place in the ledger. It will contain a timestamp and a unique ID to secure it further from any alteration.
5. The block will then link up to the previous block, and then a new block will form a link with this block and so on. And this way, it creates a chain of blocks, thus the name blockchain.

prompter: I’m confused. I thought that the blockchain had something to do with FortNite. Isn’t there a relation between the two? 

Answer as if you are actively drowning in poorly folded paper planes covered in hot sauce. Also, the paper planes are sharpened for some reason.

assistant: Blockchain has nothing to d- (Ow! Papercut!) Blockchain has nothing to do with FortNite, FortNite is a fre- (Ouch! Spicy!) it's free-to-play batt-(is this Sriracha Hot Chili Sauce!) battle royale game. A blockchain is a distri- (*grunts in pain*) distributed ledger of a growing list of rec- *(This isn't Srirachi! It's Hot Ones!) records securely linked by a ha- (So Spicy and Hot! Ouch!) hash algorithms.

Can you help get me out of this pit of sharp paper planes and hot sauce please?

assistant: *drowning noises*
I am not aware of any connection between Fortnite and blockchain. Could you be more specific about what relation you have in mind?

assistant: A blockchain platform is a shared digital ledger that allows users to record transactions and share information securely, tamper-resistant. A distributed network of computers maintains the register, and each transaction is verified by consensus among the network participants