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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