Timeline for Why the transactions are put into blocks in the first place
Current License: CC BY-SA 4.0
3 events
when toggle format | what | by | license | comment | |
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Feb 17, 2019 at 10:32 | comment | added | MCCCS | An orphan block is a block that is replaced by another , usually by a block that was just relayed before it was relayed. Blocks allow the nodes to standardise their knowledge. For example, if a merchant asks you to prove that you paid them "99% of all of the nodes received it. Why don't you believe me?" wouldn't be enough. With blocks, you can refer to transactions as "block 904, transcation 7". @LancePollard | |
Feb 17, 2019 at 10:19 | comment | added | Lance Pollard | Not sure what you mean by "large rate of orphaning". Still don't really understand why the blocks are necessary on top of the transactions. | |
Feb 17, 2019 at 10:05 | history | answered | MCCCS | CC BY-SA 4.0 |