Understanding Ethereum: Basics of Blocks
When you dive deeper into the world of cryptocurrencies, one basic concept that might be at first glance, but plays a decisive role in understanding how blockchain technology works is the concept of the block
. In this article we will examine what is a block and how it is used in the Ethereum Network.
What is the block?
In the context of computer science, the block is essentially a collection of data called transaction or code blocks that are combined together to create a cohesive unit. Each block contains a unique identifier known as a
hash , which serves as evidence of work (POW) for the entire block and helps to ensure its integrity.
how do blocks work
The Block Consists of Several Key Components:
1
- Hash
: Hash is a unique fingerprint that identifies each block and ensures that its content is accurate.
- Previous Hash
Block: Each Block Contains A reference to the Hash Previous Block, Creating a Chain Of Blocks Called Blockchain.
as the blocks are created
If a new transaction is processed on ethereum or any other blockchain network, it is usually combined with others in a particular order. The resulting block is then created and transmitted to the network to verify the nodes (computers that run the blockchain software).
Here are the joined steps:
1
- Creating A Blockchain : Each New Transaction is combined with Previous Transactions in a Specific Order to create a block.
- Broadcast Blocking : The Created Block is transmitted to the Ethereum Network for verification.
- Verification : Nodes in the network verify the block and its content, ensuring their accuracy and integrity.
What is unique on ethereum blocks?
Ethereum Blocks are unique because of the following factors:
* gas cost : each block has a gas limit
* Block Size Limit: The size of each block is Limited, ensuring that it does not happen too much and slows the network.
* Consensation Mechanism : Ethereum uses a consensus mechanism to verify the blocks that helps maintain the integrity and safety of the blockchain.
at the end
Ethereum unique architecture relies largely on blocks, providing users with a safe and transparent way of performing transactions and creating decentralized applications. By understanding how blocks work, you will have a better understanding of ethereum and its basic technology, which will ultimately allow you to make informed decisions about this powerful platform.