- Removed the 'untranslated.html' snippet (_includes/untranslated.html). Since now we are using 'disclaimer.html' everywhere - Replaced the old snippet with the new disclaimer (introduced with #966) in all Moneropedia entries - Add snippet where it was missing - Updated instructions in the README
1,014 B
terms | summary | ||
---|---|---|---|
|
a container of transactions, a sequence of which forms a blockchain |
{% include disclaimer.html translated="no" translationOutdated="no" %}
The Basics
A block is a container of @transactions, with a new block being added to the @blockchain once every 2 minutes (see constant DIFFICULTY_TARGET_V2
defined as 120 seconds), on average.
Blocks also contain a special type of transaction, the @coinbase-transaction, which add newly created Monero to the network.
Blocks are created through the process of @mining, and the @node that successfully mines the block then broadcasts it to each of the @nodes connected to it, who subsequently re-broadcast the block until the entire Monero network has received it.
Fake or bad blocks generally cannot be created, as @nodes that receive blocks always verify the @transactions they contain against a set of consensus rules that all nodes adhere to, including validating the cryptographic @signatures on each transaction.