Candidate block: Difference between revisions
Mr. MacKenty (talk | contribs) No edit summary |
Mr. MacKenty (talk | contribs) No edit summary |
||
Line 4: | Line 4: | ||
[[File:Candidate block.png| | [[File:Candidate block.png|800px]] | ||
Revision as of 10:13, 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]