A block is the fundamental unit of a blockchain that contains a set of validated transactions and cryptographic links to previous blocks, forming an immutable record in the blockchain network.

Fefe Demeny explains what a blockchain is, a digital ledger that has revolutionized the world of finance due to its ...

Why is it called a chain? Each block in the blockchain contains a reference to the block that immediately precedes it in the chain. This ensures that each block is ordered chronologically.

What is chain reorganization? A reorganization, abbreviated as reorg, occurs when a block is deleted from the blockchain to make room for a longer chain.

Fefe Demeny explains what a blockchain is, a digital ledger that has revolutionized the world of finance due to its decentralized model.