A blockchain’s history can be viewed as its global state. Yet, to validate new transactions, a node only requires a portion of this history. With each block added, the blockchain expands, making it inefficient to validate new transactions within a continuously growing context. In this article, we will elucidate how a global state, utilized for validating new transactions and building new blocks, is formed from the blockchain’s history.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/understanding-cardano-s-global-state