Blockchain & Cryptocurrency Glossary

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Block

Analogy
Think of it like one page in a shared checkbook, containing multiple transactions.
Definition
A package of transactions bundled together as a single unit in the blockchain system.
Key Points Intro
Blocks create permanent, tamper-resistant records of economic activity.
Key Points

Each block typically holds hundreds or thousands of transactions.

New blocks connect to previous ones, creating the chain.

Once confirmed, a block can't be altered.

Example
When you send Bitcoin to a friend, your transaction waits with others until miners package them into the next block.
Caveat
Blocks don't contain the actual files in transactions—just the proof that something happened.

Block - Related Articles

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