TECHNICAL CONCEPTS

Block (Blockchain Block)

Definition

A block is a collection of transactions that are bundled together and added to the blockchain. Each block contains a cryptographic hash of the previous block, creating an immutable chain.

Example

💡 Example

An Ethereum block contains multiple transactions and is produced approximately every 12 seconds.

Risks to Consider

⚠️ Risks
  • Block reorganization
  • Confirmation delays
  • Network forks

Common Questions

How many confirmations do I need?

For high-value transactions, wait for 6+ confirmations on Ethereum. For smaller amounts, 1-3 confirmations are usually sufficient.

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