Blocks

As in other crypto-currencies, the ledger of NOIZ transactions is built and stored in a linked series of blocks, known as a blockchain. This ledger provides a permanent record of transactions that have taken place, and also establishes the order in which transactions have occurred. A copy of the blockchain is kept on every node in the NOIZ network.

In NOIZ, all are prefaced by a block header that contains identifying parameters. Each transaction in a block is represented by common transaction data, specific transaction types also include transaction attachment, and certain transactions may include one or more additional appendices. All blocks contain the following parameters:

  • A block version, block height value, and block identifier

  • A block timestamp, expressed in seconds since the genesis block

  • The ID of the account that generated the block, as well as that account's public key

  • The ID and hash of the previous block The number of transactions stored in the block

  • The total amount of BEAM is represented by transactions and fees in the block

  • Transaction data for all transactions included in the block, including their transaction IDs

  • The payload length of the block, and the hash value of the block payload

  • The block’s generation signature

  • A signature for the entire block

  • The base target value and cumulative difficulty for the block

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