Block
What does Block mean?
A bundled package of transactions or data that is cryptographically committed or appended to a sequence of existing blocks to create a chain which makes it difficult to alter or reorganize the information it contains.
Main Idea:
A block is the name of a basic unit of a blockchain database, in the same way a molecule is the name of a basic unit of biology.
Blocks can be thought of as having two parts. The first part is the block header which contains metadata about the block. The second part of the block contains the body of data, such as transactions or signals from IoT devices.
The Genesis Block:
The genesis block is the first block of the blockchain. Every subsequent block’s header is assigned an identifier that is cryptographically linked to the previous block(s). These identifiers are used to order blocks in the blockchain.
Used in a Sentence:
When the data in a block are transactions, such as credits and debits, any given block in a blockchain is like a numbered page of a paper ledger that has used double-entry bookkeeping.
Last Updated: March 21, 2021
Read what Geeq has to say about Block...
As we enter the last weeks of a very busy year, we would like to report on Geeq’s development and strategic direction.
Over the summer, our Tokenomics Update underscored the commitment of our founders and advisors to the Geeq Project. That commitment is unwavering.
Founder John Conley presented Geeq’s view of a winning evolutionary strategy for financial intermediaries at HUAWEI CLOUD DAY: Digitize Finance with Blockchain. Here, we provide some background, along with his talk and slides for all to share.
Unizen's Neon Block Unify hosted Geeqs John Conley and German Ramirez for an AMA, which ended with an announcement that Geeq has joined Unizen and DMAS.
There’s a theme to all the news we are sharing today: Geeq is moving beyond the 4 Cs that drove our early focus to the new 3 Ts: team, technology and traction. We’re gaining recognition as a blockchain-based payments platform with mass adoption potential. Our new partnerships show how seriously industry leaders are taking us, and how hard we’ve been working to demonstrate the value of our technology to the right people, particularly in fintech.
Today, we celebrate our expanding Geeq community with an updated Micropayments Testing Framework v0.2.2. Welcome one and all!
Accelerator program will help Geeq to connect with early adopters and attract investment, particularly in Asian markets.
Geeq Corporation's protocols support secure minting and transfers of Non-Fungible Tokens at the base layer, via Geeq's Hash-Locked Accounts technology,
Geeq Corporation is pleased to announce its participation in HUAWEI CLOUD x Morpheus Labs signature Launchpad Service, which is dedicated to offering corporate customers key guidance in evaluating enterprise blockchain using cloud services, particularly in Singapore’s growing financial sector.
This conversation began by bringing up the dark side of human nature, and what it can do with technology. It ended on a high note because we believe Geeq's eyes-wide-open, realistic approach "fixes" this - at least for our honest end users.
We keep our un-staking dates and links here.
Here are the details for another round of Geeq’s Web-Based Staking beginning Wednesday, June 2!
