Candidate block: Difference between revisions
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Candidate blocks are blocks created by miners as part of a proof-of-work consensus process. A miner will receive a block reward when it produces a candidate block with a valid block hash and broadcasts this block to the network's nodes, who verify the hash's authenticity. In this manner, every (non-genesis) block on a blockchain begins its life as one of many pre-validated candidate blocks.<ref>https://sci.smithandcrown.com/glossary/candidate-block</ref> | Candidate blocks are blocks created by miners as part of a proof-of-work consensus process. A miner will receive a block reward when it produces a candidate block with a valid block hash and broadcasts this block to the network's nodes, who verify the hash's authenticity. In this manner, every (non-genesis) block on a blockchain begins its life as one of many pre-validated candidate blocks.<ref>https://sci.smithandcrown.com/glossary/candidate-block</ref> | ||
[[File:Candidate block.png|500px]] | |||
A candidate block is a temporary block created using transactions selected from the memory pool.<ref>https://learnmeabitcoin.com/guide/candidate-block</ref> | A candidate block is a temporary block created using transactions selected from the memory pool.<ref>https://learnmeabitcoin.com/guide/candidate-block</ref> | ||
== References == | == References == |
Revision as of 10:12, 7 March 2020
Candidate blocks are blocks created by miners as part of a proof-of-work consensus process. A miner will receive a block reward when it produces a candidate block with a valid block hash and broadcasts this block to the network's nodes, who verify the hash's authenticity. In this manner, every (non-genesis) block on a blockchain begins its life as one of many pre-validated candidate blocks.[2]
A candidate block is a temporary block created using transactions selected from the memory pool.[3]