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glossary

Definitions and terminology related to cryptoeconomics, blockchain and distributed ledger technology.
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Candidate Block

Candidate blocks are blocks created by miners as part of a proof-of-work consensus process. A miner will receive a mining reward when it produces a candidate block with a valid block hash and broadcasts this block to the network's nodes, who verify the hash's authenticity. In this manner, every (non-genesis) block on a blockchain begins its life as one of many pre-validated candidate blocks.