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Consensus

For a block, or any transaction recorded in the blockchain, to be considered valid, all participants of the network must agree on it's validity ... that's how the consenus is reached and that's what makes the blockchain secure against manipulation.


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Crypto Glossary
Mining Pool
The mining reward for a completed block is awarded to that particular miner…
Orphan Block
A block on the blockchain that would normally be considered valid, but it d…
Software wallet
Storage for crypto-currency that exists purely as software files on a compu…
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