A blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... network is a decentralized systemA decentralized system is a network of independent computers that communicate with each other to share resources and process information.... that allows for peer-to-peer transactions. The main components of a blockchain network are nodes and miners. Nodes are computers that store the entire copy of the ledger and propagate new blocks to other nodes. Miners validate transactions, add them to new blocks, and then broadcastA broadcast is a computer network technique for transmitting information that involves sending the same data to all network nodes. these blocks to other nodes.