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I believe I know what is required to create block.

  • 1.get previous hash(previous block is published)
  • 2.collect transactions
  • 3.proof of work(mining)
  • 4.timestamped
  • 5.audit by other nodes

Please tell me in what order these are done.

mtdkki
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  • This was helpful for me. (https://bitcoin.stackexchange.com/questions/12564/can-a-miner-set-the-exact-timestamp-of-a-block) – mtdkki Feb 09 '18 at 12:45
  • Welcome to Bitcoin.SE! I see you already have one answer. You may also find the linked question above of value. – Willtech Feb 11 '18 at 06:28

1 Answers1

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The order is 1, 2, 3, 5. There is no timestamping; the block itself provides timestamping via the proof of work.

Also, the step 3 is not 'mining', the whole process is what is called mining.

Osias Jota
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Ava Chow
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