How Does it Work then ?

Transactions: It is initiated when a user requests to transfer an asset to another user.This transaction is then broadcasted to the network.

Blocks: The transactions are grouped together into blocks and verified by nodes,or computers,in the network.This verification process ensures that the transactions are valid and conform to the rules set by the network.

Cryptographic Hash:Each block is assigned a unique cryptographic hash,which is a string of characters that serves as a digital fingerprint for the block.The hash of the previous block is included in the new block,forming a chain of blocks.