Building_my_own_blockchain

Welcome to Building_my_own_blockchain! 🚀
This repository is dedicated to exploring blockchain technology by building a simple blockchain from scratch using Python.
It’s perfect for anyone looking to understand the core concepts behind blockchains, including blocks, hashes, mining, and decentralized ledgers.

Features

• Basic Blockchain Implementation: Learn how blocks are linked using hashes.
• Proof-of-Work: Simple mining algorithm to secure the blockchain.
• Transaction Model: Add and verify transactions within blocks.
• Consensus Mechanism: Understand how distributed agreement is achieved.
• Extensible Design: Easily expand with new features or integrate with front-end apps.

Getting Started

Prerequisites

• Python 3.7+
• (Optional) pipenv or virtualenv for environment management

Installation

1. Clone the repository:

   git clone https://github.com/Ankit12212/Building_my_own_blockchain.git
   cd Building_my_own_blockchain

2. (Optional) Create a virtual environment:

   python -m venv venv
   source venv/bin/activate  # On Windows use `venv\Scripts\activate`

3. Install dependencies:

   pip install -r requirements.txt

Running the Blockchain

python blockchain.py

(Replace blockchain.py with the main file name if different)

Usage

• Add transactions
• Mine new blocks
• View the current blockchain
• Experiment with different consensus rules

Project Structure

Building_my_own_blockchain/
├── blockchain.py        # Main blockchain logic
├── block.py             # Block data structure
├── transaction.py       # Transaction model
├── requirements.txt     # Dependencies
└── README.md            # Project documentation

Contributing

Contributions are welcome!
Feel free to open issues, submit pull requests, or suggest improvements.