Block Height
By CoinGecko | Updated on Mar 03, 2020
A number that is used to indicated the position of a particular block within a blockchain. Like a block hash, it is also used as an identifier to locate a particular block within a blockchain.
Related Terms
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
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