Candidate block: Difference between revisions
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[[File:Candidate block.png|800px]] | [[File:Candidate block.png|800px]]<ref>https://learnmeabitcoin.com/beginners/blocks</ref> | ||
Latest 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.[4]