Bitcoin Dominance
59.0% +1.75%
Government Treasuries
7
Pi Cycle Top Indicator
$64,763
Spot Bitcoin ETF Holdings
756,800.44
Fear and Greed Index
83 -1.20%
Mayer Multiple
1.45 +2.11%
US vs Offshore Trading Volume
6.96%
Circulating Supply
19,785,293.75 +0.00%
Halving Countdown
14.9%
Hashrate vs Price
754.01 EH/s -15.50%
Node Map
18,769
Difficulty Estimator
79,679,234,551,296 +0.00%
Miner Revenue
$42,699,834.39 -13.60%
Network Difficulty
102.29T +0.00%
Puell Multiple
1.06 -13.63%
Exchange Trading Volume
$78.87B -9.78%
Exchange Trading Volume BTC
$14.78B +2.43%
Exchange Volume BTC Dominance
18.8% +0.00%
Monthly Exchange Volume
$1.44T
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BREAKING MicroStrategy has acquired 51,780 BTC for ~$4.6 billion. View their new purchase on Bitcoin Treasuries.
Bitcoin posted a new ATH of $94,941.20.
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Block Height Chat
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Block Height stats
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Terminal Stats
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Block height refers to the number of blocks in a blockchain that precede a specific block. In other words, it’s the distance, or count, from the very first block in the blockchain, known as the genesis block, which has a block height of zero. Every time a new block is added to the chain, its block height increases by one. For example, the second block created after the genesis block will have a block height of one, the third will have a block height of two, and so on.This metric provides a simple yet effective way to understand how many blocks have been created in the history of a blockchain network. Each block in the blockchain contains a reference to the previous block’s hash, helping to maintain the sequence and security of the chain.
Block height serves as a unique identifier for each block in the blockchain. As blocks are added sequentially, the blockchain grows in length, and the block height increases. For instance, Bitcoin has a block height that increases by one approximately every 10 minutes, as this is the average time it takes to add a new block to the Bitcoin blockchain.
Block height is a key measure for several reasons:
Tracking the Blockchain’s Growth: The block height helps track the number of blocks added to the chain, offering a rough idea of the network’s age and activity.
Blockchain Synchronization: Block height is also critical in ensuring that your local copy of a blockchain is up to date. If your blockchain copy’s block height differs from the globally accepted block height, it signals that your blockchain is out of sync and needs updating.
Identifying Specific Blocks: Block explorers, which allow users to search blockchain data, often display block height to help users identify and access specific blocks or transactions.
The security of blockchain relies heavily on its sequential nature. Each block references the hash of the block before it, making it impossible to remove or alter a block in the middle of the chain without invalidating all subsequent blocks. In this sense, block height not only provides a count of blocks but also reinforces the immutability of the blockchain.A common analogy is to think of a blockchain like a stack of Legos. Every new Lego (block) you add increases the height of the stack, and it is nearly impossible to remove a Lego from the middle without disrupting the entire structure. Block height reflects the stability and continuity of this “Lego” stack.
In most blockchains, new blocks are added at regular intervals based on the network’s average block time. For example, Bitcoin’s average block time is around 10 minutes. This block time is adjusted by modifying the network’s mining difficulty, which increases or decreases the computational power needed to solve the cryptographic puzzles used to validate transactions.
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