"BLOCK"

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Glossário (20)

Common Block
A limited-capacity block whose capacity is larger than the blank block’s but smaller than the full block’s.
Candidate Block
It is a temporary block created by a mining node using transactions selected from the memory pool in order to receive the block rewards.
Genesis Block
The 1st block created in the Blockchain.
Full Block
A limited-capacity block that is filled with information.
Block Height
The number of blocks within the blockchain from its genesis block.
Empty Block
A limited-capacity block that only contains one piece of information but also has the ability to transfer tiny data, which can only help the block discovered.
Mining a Block
When miners help create a new block, they will get 6.25 Bitcoins as a reward. This process of updating the public ledger is called mining a block.
Block
Refers to a computer file that records transaction information. A blockchain is created when blocks are connected as a continuous chain.
Orphan Block
They are the blocks that are not recogized by the Blockchain.
Block Reward
Refers to the rewards that miners receive for finding new blocks by using mining devices. Different cryptocurrencies have different rewards based on respective blocks in the blockchain.
Block Trading
It refers to the large volume trading.
Difficulty Target
The level of difficulty at which a new block is created every 10 minutes.
Blockchain
It is comprised of blocks and become a chain. The block refers to a digital piece of information of a database.
Miner
It refers to an individual who wants to get the block reward by using computers to calculate the encryption functions.
Long Range Attack
It is an attack where an adversary creates the other branch on the blockchain, starting from the Genesis block and replaces the legal mainchain.
Dash
Formerly named DarkCoin, is the first privacy-centric cryptographic currency with anonymous block transactions powered by DarkSend.
Accidental Fork
It refers to a situation where two or more miners successfully calculate the harsh at the same time, which means finding the block.
Mining
It is a process using high-performance computing devices to tackle complicated computational math problems, and as a result, tokens are rewarded to the miner completed the block.
Halving
It refers to the mechanism that the bitcoin block reward will be reduced by half every 210,000 blocks, so as to the control the supply and maintain the value of the currency.
Nounce
This is a string of automatically generated numbers during the process of mining. Using this string of numbers, miners are likely to figure out Hash Function to get the block reward.

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