FIG. 02
木組 KIGUMI · JOINERY

ISOMETRIC
SCALE 1:5

Etching: interlocking Japanese wood joint
継手TSUGITELengthwise joint. Block to block.

The path / Station 01

[01 / 06] 学 MANABU · LEARNING

What is ablockchain?

A shared ledger that nobody owns alone – explained with a Japanese wood joint.

Level
Beginner
Duration
approx. 10 min.
Prior knowledge
None
Format
6 sections
[01.1]家計簿 KAKEIBOTHE HOUSEHOLD LEDGER東京 TOKYO · 1980

From history

A book kept by one person

At the kitchen table, Mrs. Watanabe works out her sums on the soroban and writes every expense into her household ledger, the kakeibo. It’s her book: she alone decides what goes in it – and she could change any entry afterwards.

A blockchain turns this idea on its head. The book isn’t held by one person but by thousands at the same time. An entry only counts once the majority confirms it – and after that it can’t be changed without someone noticing.

教訓 Lesson

Trust doesn’t come from one person, but from many people checking the same book.

Etching: kitchen table with abacus, newspaper and teapot
算盤SOROBANAbacus. Every number checked by hand.
FIG. 01.1 · 台所 DAIDOKORO · KITCHEN, TOKYO 1980
[01.2]定義 TEIGI · DEFINITIONFROM ENTRY TO CHAINKEY CONCEPT

Lesson 01.2

Four links in a chain

Every transfer goes through the same four steps. At the end it sits in a block that is firmly connected to all the blocks before it.

  1. [A]取引TORIHIKI

    Transaction

    Someone sends an amount to an address.

  2. [B]検証KENSHŌ

    Check

    Many computers in the network check whether the transfer is valid.

  3. [C]記録KIROKU

    Block

    Valid transfers are bundled into a block.

  4. [D]連鎖RENSA

    Chain

    The block carries the fingerprint of the one before – like a tenon in wood.

[01.3]実験 JIKKEN · EXPERIMENTCHANGE A BLOCKINTERACTIVE

Experiment

Change a block

Every block has a fingerprint, calculated from its content and the fingerprint of the previous block. Change an entry below and see what happens.

Block #1

Previous00000000

Fingerprint

Block #2

Previous

Fingerprint

Block #3

Previous

Fingerprint

Block #4

Previous

Fingerprint

All blocks fit together.

Simplified fingerprint for learning purposes. Real blockchains use cryptographic methods – and to re-link a chain, you’d have to control the majority of the network.

[01.4]性質 SEISHITSU · PROPERTIESTHREE PROPERTIESREMEMBER
分散BUNSAN

Decentralised

The book is held by many at once. There’s no single place that controls everything.

In everyday lifeNo bank counter that can close

不変FUHEN

Immutable

Confirmed entries can’t be changed without someone noticing – the experiment just showed you that.

In everyday lifeMistaken transfers can’t be reversed

透明TŌMEI

Transparent

Every transfer can be viewed publicly – not the name, but the address and the amount.

In everyday lifeEvery block can be looked up in a block explorer

[01.5]提供 TEIKYŌ · OFFERTRAININGINDIVIDUALS · TEAMS · GROUPS

What we offer

Training without the jargon

We teach the basics of cryptocurrencies and blockchain – hands-on and matched to your level of knowledge. No financial advice, but plenty of practice.

Training formats
FormatWho it’s forContent
[01]IndividualPrivate individuals who want to get started at their own pacePace and topics shaped by your questions
[02]TeamsCompanies and departmentsThe basics, plus how they relate to your business
[03]GroupsClubs, schools, anyone interestedBasics, wallet, first transaction
[01.6]問答 MONDŌ · QUESTIONSQUESTIONS & WRAP-UPEND OF STATION
Do I need any prior knowledge?

No. This station and our beginner training sessions assume nothing – just curiosity.

Is Bitcoin the same as blockchain?

No. Bitcoin is the first application to use a blockchain. Today the technology itself is found in many other networks too.

Can a blockchain be hacked?

The chain itself is very hard to change. Attacks usually hit everything around it: insecure wallets, fake websites or faulty programs.

Will I get investment tips in the training?

No. We explain how the technology works so you can decide for yourself. We don’t give buy recommendations.

Wrap-up

Station 01 complete

You now know what a blockchain is and why it can’t simply be changed.

試験 SHIKEN · Quiz · 3 questions

Three short questions on station 01. Get them all right and the station is complete – then you move on.

  1. [1/3]At its core, what is a blockchain?

The door is open

Get to know us in a free intro call. We listen, put things in context and show you the next step – without any buy recommendation.

Intro call →
Etching: entrance of a traditional townhouse in Kyoto