The average time it takes to produce a new block on a blockchain.
The average time it takes to produce a new block on a blockchain. Bitcoin's block time is about 10 minutes, Ethereum's is roughly 12 seconds, and Solana targets 400 milliseconds. Faster block times mean quicker transaction confirmations but can lead to more chain reorganizations.
A bundle of transactions that gets permanently added to the blockchain.
How many transactions a blockchain can process per second.
The guarantee that a blockchain transaction can't be reversed or altered once confirmed.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
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