What Do You Mean By Blocks In The Blockchain Technology?

1.	What Do You Mean By Blocks In The Blockchain Technology?
Answer» Blockchain consists of information of all the financial transactions. A BLOCK is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For EXAMPLE- an ORGANIZATION has 100 LEDGER books the combination of which is known as Blockchain and a single ledger WOULD be considered as a block. Blockchain consists of information of all the financial transactions. A block is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For example- an organization has 100 ledger books the combination of which is known as Blockchain and a single ledger would be considered as a block.

Answer»

Blockchain consists of information of all the financial transactions. A BLOCK is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For EXAMPLE- an ORGANIZATION has 100 LEDGER books the combination of which is known as Blockchain and a single ledger WOULD be considered as a block.

Blockchain consists of information of all the financial transactions. A block is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For example- an organization has 100 ledger books the combination of which is known as Blockchain and a single ledger would be considered as a block.

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