Disclaimer: I maintain STORJ. (Not that it might have any affect on the reply)
What you are taking a look at right here is an ERC20 token. So your query revolves across the Ethereum blockchain.
When a brand new block is mined, it’s transmitted to the nodes on the community. That is achieved by the miner transmitting to his node, and his node transmits to different nodes, so forth and so forth.
The concept of “finish factors” you might be asking a node, shall we say your node, or a third get together suppliers node for info. In a great world all nodes have the identical precise info. In the true world they are often completely different however the node software program resolves these variations utilizing “longest chain wins”. That is why we look ahead to confirmations. Ethereum works a bit in a different way because it makes use of a “confirmed” flag as a substitute of variety of occasions it is seen for the reason that unique block it was first discovered however that is the Bitcoin discussion board.
With Bitcoin you’ll be able to ask any node for “a block” however i believe you imply “a transaction”. You merely do not take into account a “transaction” or “block” to be legitimate till there are 6 blocks after it. By then it is statistically not possible for it to not “Exist” on the total chain.
In your ultimate instance: Storj would not actually “land” (or any token/coin on any chain). A transaction is submitted to mempool which is then broadcast to different nodes. A miner sees the transaction, mines it, and provides it to a block. That block is then rebroadcast. There is no such thing as a means so that you can “spend” something as a result of another person has to verify that the transaction is legitimate and add it for it to indicate up on the precise chain.
Be aware: Apologies for any confusion. The query was a bit awkward however did my finest to reply the varied factors in it. I extremely recommend investigating how blockchains work and why they work. Bitcoin is a improbable place to begin since this all began with Bitcoin.
