Block
By CoinGecko | Updated on Mar 03, 2020
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size. Information within a block gets added to the blockchain and becomes part of a blockchain permanently once the data is verified through pre-determined rules/protocols.
Related Terms
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
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In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Microtransaction
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
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