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Glossary / Block

Block

A block is a batch of transactions added to the blockchain together. Bitcoin adds one about every 10 minutes; faster chains add them in seconds.

Why it matters

A transaction is considered final after enough blocks confirm it.

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Related terms

BlockchainA blockchain is a shared ledger copied across many computers, where records are grouped in…MempoolThe mempool is the waiting room of unconfirmed transactions before they are added to a blo…ConfirmationA confirmation is each new block added after your transaction. More confirmations mean the…

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Written by the VaultX AI team. Educational only, not investment advice.

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