Block Generation
Process of creating and adding a new block to the blockchain.
Beginner-friendly explanation
Block generation is the action of creating a new block containing transactions, to be added to the blockchain. It keeps the chain moving forward.
📌 Example: A Bitcoin miner generates a new block roughly every 10 minutes.
Intermediate-level insight
Block generation involves selecting transactions, organizing them, then solving a cryptographic problem (proof of work) or validating by consensus (proof of stake) so the block is accepted by the network.
📌 Example: In Proof of Stake, validators are selected to generate new blocks based on their staked tokens.
Advanced perspective
Block generation determines transaction throughput, security, and economic dynamics of a blockchain. It involves sophisticated mechanisms like adjustable difficulty (Bitcoin), random selection algorithms (Casper FFG), or hybrid systems (PoW + PoS).
📌 Example: Ethereum 2.0 uses block generation via slots and epochs to synchronize validators and rewards.
Blockchain & Technology
block generation, mining, validation, proof of work, proof of stake, consensus, difficulty, reward