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Blockchain Mechanics

Edge-powered chains are built on a common blockchain design that effectively manages and maintains the blockchain data structure, consisting of a sequential chain of blocks containing transactions and other metadata; a state database.

The core blockchain implementation offers various functionalities, such as:

  • Adding new blocks to the chain.
  • Retrieving blocks using their hash or number.
  • Handling chain reorganizations (i.e., switching to a different chain with greater difficulty).
  • Verifying block headers and gas limits.
  • Caching block headers and receipts to improve retrieval speed.
  • Updating the chain's average gas price.

To provide these functionalities, the implementation employs several sub-components, including:

  • A consensus component responsible for validating new blocks and incorporating them into the chain.
  • A database component that persistently stores blockchain data.
  • An event component that notifies other components of chain reorganizations and new block additions.
  • A transaction signer component that verifies transaction signatures and identifies the sender address.
  • A gas price calculator component that computes the chain's average gas price.