Why is the block number important in Ethereum?

3 answers

• Nov 24, 2021 · 3 years ago
  The block number in Ethereum is a unique identifier for each block in the blockchain. It serves as a reference point for tracking and verifying transactions, smart contracts, and other activities on the network. By knowing the block number, users can easily locate and validate specific transactions or events on the Ethereum blockchain. It also plays a crucial role in maintaining the chronological order of transactions and ensuring the security and integrity of the network.
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• Nov 24, 2021 · 3 years ago
  In Ethereum, the block number is like a page number in a book. It helps you navigate through the blockchain and find specific transactions or events. Each block contains a set of transactions and is linked to the previous block, forming a chain of blocks. The block number tells you where a particular transaction or event is located in this chain. It's important because it allows you to verify the authenticity and validity of transactions by checking their position in the blockchain.
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• Nov 24, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the importance of the block number in Ethereum. It provides users with easy access to the block explorer, where they can search for specific block numbers and explore the transactions and smart contracts associated with them. By utilizing the block number, users can gain valuable insights into the Ethereum network and make informed decisions regarding their transactions and investments.
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