# Blockspace & Coretime Blockspace is a key concept in blockchain technology. It is the primary product that blockchains produce and can be used for multiple different purposes, depending on the blockchain that offers it. It describes the computing capacity and storage required to create a block. This resource can be used for things like transaction validation, smart contract execution, and data storage. For a comprehensive understanding of blockspace and its characteristics, we strongly recommend exploring the following resources. These articles offer in-depth insights into the concept of blockspace, particularly in the context of the Polkadot network and its role in advancing the Web3 ecosystem: * [Understanding Blockspace: Unveiling Polkadot's Potential in Web3](https://polkadot.network/blog/blockspace-blockspace-ecosystems-how-polkadot-is-unlocking-the-full-potential-of-web3) * [How Polkadot's Blockspace Empowers Developers](https://polkadot.network/blog/how-polkadots-blockspace-empowers-developers) Coretime is one of the main resources Polkadot offers. Owning Coretime gives you access to utilize one of Polkadot's cores for your specific task. The new Agile Coretime model makes Coretime more accessible by allowing for a more granular allocation. For a clear understanding of the Agile Coretime model, we recommend checking out the following resources: * [Agile Coretime Allocation](https://wiki.polkadot.network/docs/polkadot-direction#agile-coretime-allocation) * [Gavin Wood Sees Polkadot as a Global Supercomputer | Polkadot Decoded 2023](https://www.youtube.com/watch?v=GIB1WeVuJD0) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.regionx.tech/docs/basics/blockspace-and-coretime.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.