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Glossary

Block

A batch of transactions added to the blockchain.

A block is a bundle of transactions plus a header that links it to the previous block, forming the chain. Producing a valid block is what mining does, and it earns the block reward.

Block times differ by coin: Pearl aims for a new block roughly every 194 seconds, Quantus about every 12 seconds. Each block a pool finds is shared among the miners who contributed to that round.

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