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.
I believe I know what is required to create block.
Please tell me in what order these are done.
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.