Cryptocurrency Q&A
What is 1 block of Bitcoin?
What is 1 block of Bitcoin?
Martina
Fri Dec 27 2024
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6
answers
1223
I've heard about Bitcoin and I know it's divided into blocks, but I'm not sure what exactly 1 block of Bitcoin represents. Could someone explain what it is and how it works within the Bitcoin system?
6 answers
GwanghwamunGuardianAngelWings
Sat Dec 28 2024
Before a new block can be generated, the existing blocks and their data undergo verification.
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SumoHonorable
Sat Dec 28 2024
A block serves as a digital container for storing and encrypting information.
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Raffaele
Sat Dec 28 2024
Each block contains a unique identifier, which is a long number.
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Margherita
Sat Dec 28 2024
This verification process is carried out by a decentralized network.
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Riccardo
Sat Dec 28 2024
This identifier incorporates encrypted transaction details from preceding blocks.
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