A note from Daniel

how a proposed state becomes the next state of the computer: During each state transition, the validators run a process to reach a consensus on the next state. First, the validators validate, making sure every transaction comes with an appropriate digital signature. The network then randomly selects one validator to bundle together qualifying transactions to create the next state. Other validators check to make sure the new state is valid, that all the bundled transactions are also still valid, and that the computer's core commitments have been upheld (for example, in the case of Bitcoin, that there will never be more than twenty-one million bitcoins). Validators effectively cast their vote for a new state by building on it as the transition to the next state starts.

Daniel Read Write Own, page 57 · March 1, 2024 Save to shelf
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