Blockchain Glossary

Blocks

Published on August 30th, 2021

Blocks are records, which together form a blockchain. In the world of cryptocurrencies, blocks are like ledger pages while the whole record-keeping book is the blockchain.

A block is a file that stores unalterable data related to the network. Blocks hold all the records of valid cryptocurrency transactions. They are hashed and encoded into a hash tree or Merkle tree.