A list of transactions recorded into a ledger over a given period. The size, period, and triggering event for blocks is different for every blockchain. A block contains the data structure and history of the transactions. Each block hold the archive of valid transactions which are hashed and encoded into a Merkle tree. Each block includes the cryptographic hash of the prior block in the blockchain, linking the two. The blocks then form a chain; in other words the blockchain.« Back to Glossary Index
About Gary Fox
Hello. I'm Gary Fox,
I've learned that only two things really matter for a business to be successful: 1) the People (employees & customers), 2) the Experience that you offer them.
This is why I love learning and sharing insights into Customer Experience, Growth and Business Design.
Contact me if you want to explore how to grow your business.