Block structure in cryptocurrency refers to the way in which transactions are grouped together and recorded in the blockchain. Each block contains a list of transactions that have been verified and added to the blockchain by miners.
Blocks are linked together in a chain, with each block containing a reference to the previous block. This creates a secure and transparent ledger of transactions that cannot be altered or tampered with.
The structure of a block typically includes a header, which contains important information such as the block number, timestamp, and a reference to the previous block. Additionally, each block contains a list of transactions, which include information about the sender, receiver, and amount of cryptocurrency transferred.
Once a block is created, it is added to the blockchain and becomes part of the permanent record of transactions. The block structure ensures that all transactions are securely recorded and can be easily traced back to their origin.
