I'm trying to understand the concept of a block in the context of cryptocurrency. Could someone explain what it is and how it fits into the overall structure of blockchain technology?
6 answers
Andrea
Mon Nov 18 2024
Similarly, in a database, records are created to log and keep track of various pieces of data.
CharmedEcho
Mon Nov 18 2024
Blocks, in the context of blockchain technology, play a crucial role as they are the fundamental units.
Luigia
Mon Nov 18 2024
When these blocks are linked together sequentially, they form a continuous chain.
Tommaso
Mon Nov 18 2024
A block signifies a collection of data or transactions that undergo verification and are then added to the blockchain.
BlockchainLegendary
Mon Nov 18 2024
This process is akin to how a page in a ledger functions, serving as a means to document and store information.