What is the structure of a bitcoin block?

3 answers

• Nov 27, 2021 · 3 years ago
  A bitcoin block is like a container that holds a bunch of transactions. It consists of a block header and a list of transactions. The block header contains important information such as the block's version, previous block hash, timestamp, and the Merkle root of all the transactions. The list of transactions includes all the transactions that have been confirmed and added to the block. Each transaction contains inputs and outputs, which represent the sender, receiver, and the amount of bitcoin being transferred. The structure of a bitcoin block is designed to ensure the security and integrity of the blockchain network.
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• Nov 27, 2021 · 3 years ago
  Think of a bitcoin block as a digital Lego block. It has a header that holds the block's metadata, like a timestamp and a reference to the previous block. Then, it has a list of transactions, which are like the Lego pieces that fit together to form the block. Each transaction contains information about who sent the bitcoin, who received it, and how much was sent. The structure of a bitcoin block is crucial for maintaining the decentralized nature of the cryptocurrency and preventing double-spending.
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• Nov 27, 2021 · 3 years ago
  In the world of cryptocurrencies, a bitcoin block is the building block of the blockchain. It's like a page in a ledger that records all the transactions. The structure of a bitcoin block is quite complex, but let me break it down for you. At the top, there's a block header that contains important information like the block's version, previous block hash, and a timestamp. Then, there's a list of transactions, each of which has inputs and outputs. The inputs represent the sender, while the outputs represent the receiver. The structure of a bitcoin block ensures that all the transactions are securely recorded and verified by the network.
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