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The journal of all confirmed Bitcoin transactions. The blockchain consists of a linked sequence of blocks and each block contains a list of transactions.—Please use [blockchain.info] for the eponymous UK-based company.

0 votes
1 answer
69 views

Mining process in a blockchain

Let's consider a blockchain. They mining nodes are listening to transactions and every one is building is own block. … (For example: "every 10 minutes the consensus algorithm starts, with the purpose of putting a new block in the blockchain") 2) Can a miner create more than one block before the consensus algorithm start …
AleWolf's user avatar
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0 votes
1 answer
137 views

When does a miner get the reward?

Let's suppose that a miner mines a block and adds it to the blockchain. When it gets the reward ? …
AleWolf's user avatar
  • 133
0 votes
1 answer
560 views

Fork and Longest Chain Rule

I have 2 questions: 1) If a node X receives first the blockchain from A, and it approves it, when it receives the blockchain from B, it simply reject it ? … 2) If a node X receives first then blockchain from A, and then the B's blockchain in which also a node C has put another correct block (so is longer then A's blockchain), does the node X reject A's blockchain
AleWolf's user avatar
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0 votes
1 answer
155 views

Understand double spending through an example

At the same time a mining node B mines the second transaction in another block and propagates its blockchain to the network. This creates a fork in the blockchain. … Will the other nodes of the network simply reject the B's blockchain because they know that transaction T1 is the correct one ? …
AleWolf's user avatar
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3 votes
2 answers
4k views

Does every node have a whole copy of the blockchain?

As I read in this blog article, in a blockchain "each node has a copy of all transactions ever made". … the blockchain? …
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