When you really try to nail down what makes a cryptocurrency like Bitcoin really Bitcoin, the more technical you get, the closer you get to discussing block size. A block is really a set of data, and for Bitcoin they’re mostly related to transactions. Bitcoin miners are really in the business of adding blocks of information about transactions to a database known as a public ledger. In the end, that public ledger is really just a series of blocks that have been chained together to provide a complete and demonstrated history of transactions. They’re only every really ‘processed’ when the blocks…
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