Nonce

In cryptocurrency, a nonce is a randomly generated number added to a block during the mining process. The goal is to find a hash value that meets the difficulty requirements set by the network. The more difficult the requirements, the more nonces need to be tried to find a valid block. Nonces are important because they ensure the integrity and security of the blockchain by preventing anyone from tampering with previous blocks. If someone tried to alter a block, the hash value would be different and require a new nonce to be generated, making it computationally infeasible to do so.

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