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Block: A “box” for storing transactions, connected to form a blockchain A comprehensive guide to understanding blocks—the fundamental building blocks of blockchain and virtual currencies. What Is a Block in Virtual Currencies? A block is a data structure that stores validated transactions and metadata, acting as a secure “box” within a blockchain. Once filled with […]
Gas Fee: Service fee for Ethereum transactions/using applications; higher payments get priority Gas Fee: Service fee for Ethereum transactions/using applications; higher payments get priority A complete guide to understanding Ethereum gas fees, how they’re calculated, and how to manage them for smoother transactions. What Are Gas Fees, Exactly? Gas fees are the service charges users […]
Learn what sharding is, how it splits blockchain ledgers to boost speed, resolve congestion, and its role in virtual currency scalability. Covers examples like Ethereum and Zilliqa.
Hash Rate: The computing speed for mining; the faster it is under PoW, the easier it is to mine Your guide to understanding hash rate—core of virtual currency PoW mining, network security, and market dynamics
Node: A terminal that stores ledgers and verifies transactions; the more nodes, the safer it is Node: A terminal that stores ledgers and verifies transactions; the more nodes, the safer it is What is a Node? Types of Nodes Nodes and Security Node Operation Node Examples FAQ What is a Blockchain Node? In cryptocurrency networks, […]
This article details the definition of blockchain fork (Fork), i.e., the divergence of blockchain rules. It focuses on distinguishing the differences, characteristics and related cryptocurrency cases between soft forks and hard forks, helping a broad audience understand blockchain fork knowledge
