CryptoURANUS Economics: Block Height: Defined in CryptoCurrency

CryptoCurrencies


Friday, August 3, 2018

Block Height: Defined in CryptoCurrency

Block Height: Defined in CryptoCurrency


Block height is defined as the the number of blocks in the chain between the one you are looking at and the very first block in the blockchain. 

Blockchain is revolutionary technology for creating permanent, secure digital recordings. It can record any information, but it started with recording bitcoin transactions.

Imagine the blockchain as a book of records where each page in that book is what is known as a “block”. Blocks are attached to each other making what is known as the blockchain. The first block in a blockchain is known as the genesis block.

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