Block
By CoinGecko | Updated on Mar 03, 2020
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size. Information within a block gets added to the blockchain and becomes part of a blockchain permanently once the data is verified through pre-determined rules/protocols.
Related Terms
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Soft Cap
Targeted fund raising limit of an ICO
Pre-sale
A typically exclusive token sale event preceding a public ICO
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