Block, What does it mean?

Block is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of Block

A block is a unite of data set within a blockchain and attached to a unique identifier (address) within the chain of blocks. Each block is attached to the chain once validated by the nodes (by consensus) by including the address and hash of the previous block. Encryption and hash of blocks metadata allows the chain to be unmutable. The block data can be encrypted or not, this depends on the blockchain type.

Block is related to

BlockchainConsensusHash (one way hash)Encryption

See more: Cryptonyms glossary