Simple blockchain system implementation

How my project works

I am using Python to create this project and calculating our hash with the SHA-256 algorithm.

Transaction Flow

The user will create a transaction by specifying the following : a. sender's address , b. Recipient's address c. Amount Then the transaction will be saved in the "pending transaction" folder

Block workflow

1. The code will retrieve all pending transactions from the "pending transaction" folder
2. A new block will be created, which includes block height, previous block height, and transactions
3. This new block's hash will be calculated and saved in the blocks folder.

Prerequisites

There is no prerequisite needed, we are using all standard Python libraries

The user can create two folders named 'pending transactions' and 'blocks' and run this system.