A block is a specific type of construct in a blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More that stores transactional information blocksGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More typically contain transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More information but may include other data, such as smart contracts. Every block has a unique identifier that allows it to link to the previous block in the blockchainA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by.... Each verified block in the blockchain reinforces and adds security to the overall blockchain, forming the basis of how blockchain technology works.
