What is a block in blockchain?

A block is a data structure that contains a set of transaction data and a reference to the previous block in a blockchain. Blocks are the building blocks of a blockchain and provide a way to record and store data in a secure and immutable way.

Each block in a blockchain contains a unique cryptographic hash, which is created by a hash function applied to the contents of the block. This hash serves as a digital fingerprint that links the current block to the previous block in the chain.

When a new block is added to the chain, it is validated and verified by the nodes on the network using a consensus mechanism such as proof of work or proof of stake. Once the block is validated, it is added to the blockchain and becomes part of the permanent record of transactions.

Blocks in a blockchain are typically organized in a linear, chronological order, with each new block being added to the end of the chain. This creates a tamper-proof and transparent ledger of all the transactions that have occurred on the network.

Overall, blocks are a key component of blockchain technology, providing a way to store and validate transaction data in a decentralized and secure way.

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