Glossary: Blockchain

Glossary: Blockchain

A blockchain is a chain of blocks containing transaction data, linked together using cryptographic hashes to create an unchangeable record.

Glossary: Nonce

Glossary: Nonce

A nonce is a random number miners change repeatedly while hashing to find a valid block hash below the target difficulty.

Glossary: Difficulty

Glossary: Difficulty

Mining difficulty measures how hard it is to find a valid block hash, adjusting to keep block times consistent across the network.