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2. How the network works
2/8 · Transactions are grouped into blocks about every 10 minutes. Miners compete to add the next block by doing a lot of computing work (proof of work) and earn new coins plus fees…
Watch: the short video
English · 1 minWhat Is a Blockchain? Blocks Explained Simply
A shared public ledger, a new block about every ten minutes, and hashes that chain blocks so history is very hard to change.
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