Search
Close this search box.

4479 Desserte Nord Autoroute 440, Laval, QC H7P 6E2

Block

Table of Contents

A block is where the most up-to-date record of transactions on the Bitcoin network is kept. Every 10 minutes, a new block is created and added to the existing previous blocks, which creates the blockchain.

This process of adding new blocks is known as mining where specialized equipment called ASICS integrates the transactions continuously into the blockchain.

Before and after the mining process, nodes check all previous blocks to ensure that no double spending has occurred.

Share the Post:

DISCLAIMER: D-Central Technologies and its associated content, including this blog, do not serve as financial advisors or official investment advisors. The insights and opinions shared here or by any guests featured in our content are provided purely for informational and educational purposes. Such communications should not be interpreted as financial, investment, legal, tax, or any form of specific advice. We are committed to advancing the knowledge and understanding of Bitcoin and its potential impact on society. However, we urge our community to proceed with caution and informed judgment in all related endeavors.

Related Posts