How does the block number affect the security of Ethereum transactions?

In the context of Ethereum transactions, how does the block number impact the overall security of the network? What role does the block number play in ensuring the integrity and immutability of transactions? How does it prevent double-spending and other potential security threats?

1 answers
- The block number is a fundamental aspect of Ethereum's security infrastructure. It acts as a reference point for the order and validity of transactions within the blockchain. By including the block number in transaction records, Ethereum ensures that each transaction is linked to a specific block, creating a chronological and immutable record. This prevents any attempts to alter past transactions or manipulate the transaction history. The block number also plays a crucial role in preventing double-spending, as each transaction is validated and confirmed within a specific block. Therefore, the block number is a key component in maintaining the security and trustworthiness of Ethereum transactions.
Apr 19, 2022 · 3 years ago

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