Foundations of Blockchain

Structure of the block

Although all blockchains consist of linking blocks together to form an immutable ledger, different block structures can be adopted depending on the application. Permissioned and permissionless blockchains, for instance, have slight variations in their block structure. We'

We'll be using Bitcoin's permissionless block structure as a reference to try and identify its characteristics:

Figure 1.3: Structure of a block

A block consists of the components mentioned in Figure 1.3. Block Header and Transactions are the most important parts of the block, as they are responsible for the hash value, which is the identity of the ...