Sentences with phrase «existing chain of blocks»
Not exact matches
The «main» Bitcoin Core team, on the other hand, wanted to move a big chunk of data from the transactions into a separate chain and thus make more of them fit into existing blocks that way.
https://bitfalls.com/
New transactions are registered and compiled in batches called «blocks» at regular time intervals; the blocks are created via the process called «Bitcoin mining» and added to the end of the «chain» of all the existing blocks, hence the name for the system.