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What is a Block (cryptocurrency)?

2022-06-29 79hotness 0likes 0comments

Blocks are data structures within the blockchain database, where transaction data in a cryptocurrency blockchain are permanently recorded. A block?records some or all of the most recent transactions not yet validated by the network. Once the data are validated, the block is closed. Then, a new block is created for new transactions to be entered into and validated.

A block is thus a permanent store of records that, once written, cannot be altered or removed.

Q: What is a Block (cryptocurrency)?

A: is data structure within the blockchain database, where transaction data in a cryptocurrency blockchain are permanently recorded

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Original link:https://www.investopedia.com/terms/b/block-bitcoin-block.asp

Tag: Blocks
Last updated:2022-06-29

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