What is a block?
Posted On September 10, 2024
Definition:
- A block is a data structure that holds a set of transactions or other relevant data. It is one of the building blocks of the blockchain.
Function:
- Contains Transactions: A block includes multiple transactions that have been bundled together.
- Links to Previous Block: Each block contains a reference (hash) to the previous block, creating a chain of blocks (hence “blockchain”).
- Ensures Data Integrity: Blocks use cryptographic hash functions to ensure that once data is written, it cannot be altered without changing all subsequent blocks.
Structure:
- Header: Contains metadata such as the block’s hash, the hash of the previous block, a timestamp, and sometimes information about the consensus process (e.g., a proof-of-work solution).
- Body: Contains the list of transactions or data entries.
Role in Blockchain:
- Blocks are added sequentially to the blockchain, each one building upon the previous one. This structure ensures that the blockchain is a continuous and immutable record of all transactions.