Transactions in BlockChain #2549
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Hi All, I am still on timestamp 3:01:30 and I have a doubt I tried googling stuffs but it created more doubts, hoping anyone can explain it to me in better way.
I guess my fundamentals was not that clear on how transaction are collected and added as a block in blockchain network. Any suggestion would be greatly appreciated :) |
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Replies: 2 comments 4 replies
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Hey @aviorn36 |
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1: Yes, there are numerous transactions in a single block. This is done so programmatically by having a constant block height. As for the latter question, do you mean PoW (assuming you used miner)? There are various Sybil-resistance mechanisms. 2: Again, it depends on the protocol. For Bitcoin and Ethereum, no. There is a fixed block height, and as such there cannot be unordered dimensions for the blocks. No, once the block is mined, it cannot be modified. Therefore, a transaction cannot be added and as so the nonce will not change as well. |
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Hey @aviorn36
Blocks just like their name are blocks/groups of transactions. A block normally contains a collection of several transactions stored in hash format and once a block is mined, you cannot add any transactions to it. That's the defining feature of a blockchain, immutability. Any new transactions that come in after a block is mined are added to the next block and so on. Transactions and their data are normally represented in hash format to make it easy to store them. When several transactions are grouped together to form a block, miners come together to solve a computational problem for example: find a hash that starts with 10 zeros. This computation helps come with the nonce fo…