Leicester

And then there's computations and calculations that occur in order to do what's being asked.

And then there's precision and other things we will not get into here.

Suffice to say, there's a consensus that generally goes along with this, that I'm describing to you, which that purpose is to ensure the integrity of the transaction prior to it being fully committed on the chain.

This is why,

Sometimes you'll do a transaction and it'll say, like, say if you're buying something online or using cryptocurrency and you send it, it'll say, we're waiting for this many confirmations.

That's how many times somebody, one of these have checked in to say, it's good.

It's good.

And they'll ask for like two or three or something sometimes up to like 10 or 20, but usually it's like two or three just to check in, to make sure that it's really committed and it's not going to get rolled back, which is rare, but could.

That process, once it's done, then they're saying there's an acknowledgement that it's been recognized on chain.

We see that it's recognized on chain.

We're good to go with it.

Now we're okay sending you the whatever currency or whatever product.

They have their own acknowledgement.

Let's say it's a crypto that they're sending you.

They have an acknowledgement that they got to wait through when they send it.

It's usually pretty quick because it's outbound, but they have an acknowledgement and that shows up in your wallet and then you're done.

And then yours, if you were to look at that transaction hash, you'll see on the actual scan, you'll see that there's a number of confirmations that keeps happening.

So it just keeps happening over time.

And this all goes to the integrity of the process.

in certain of these to make all this happen, to actually create the so-called network, to enable everything I just described, you have nodes.