Block Reward
Riccardo Dondi
A block reward is the incentive given to miners for validating and adding a new block to the blockchain, consisting of newly minted coins and transaction fees.
Riccardo Dondi
Block Height
Block height measures the number of blocks preceding a specific block in a blockchain, essential for verifying transactions, achieving consensus, and implementing upgrades.
Block Explorer
A block explorer is a crucial tool in the cryptocurrency world, allowing users to search, navigate, and analyze blockchain data for transparency and security.
Block
A block in cryptocurrency is essential for blockchain technology, recording transactions, ensuring security, transparency, and decentralization in digital currencies.
Bitcoin
Bitcoin is a decentralized digital currency enabling peer-to-peer transactions without central authority. It's secure, transparent, and accessible globally.
Bid Price
The bid price in cryptocurrency is the highest amount a buyer is willing to pay, crucial for determining market value, liquidity, and trading strategies.
BFT (Byzantine Fault Tolerance)
Byzantine Fault Tolerance (BFT) ensures blockchain networks remain secure and reliable, even with malicious nodes, crucial for cryptocurrency integrity and trust.
Beta – Version
The Beta - Version stage in cryptocurrency is crucial for real-world testing, user feedback, bug identification, and performance optimization before final release.
Bear Market
A bear market in cryptocurrency is marked by prolonged price declines, negative sentiment, and increased volatility, impacting investor behavior and market dynamics.
Bandwidth
Bandwidth in cryptocurrency refers to the capacity and speed of data transmission in a blockchain network, crucial for efficient and quick transactions.