Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$23,075.000.33%
  • ethereumEthereum$1,598.381.11%
  • xrpXRP$0.4143252.07%
  • bitcoin cashBitcoin Cash$135.26-0.04%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Empty Block Replaced 2426 BTC Transactions, No Double Spending Reported Yet

John Wanguba by John Wanguba
August 20, 2021
in Blockchain
Reading Time: 4min read
A stale block existed on the Bitcoin blockchain mined by Antpool but no double-spending reported
Rate this post

Allegedly, Antpool mined the stale block that had 2426 transactions that found its way into block height 644,543 but was later replaced by another block. The new block was chosen as part of a longer chain that has only the Coinbase transaction, but the miner of the block is still unknown.

The Bitcoin (BTC) blockchain has witnessed a rare event with what is known as a ‘stale block.’ A stale block is known to represent a valid block that has its transactions reversed since it fails to become a part of the main chain against another already established competing chain.

Transactions from the stale block were shifted to the next blocks. BitMEX Research discovered:

“The stale block contained 2,426 transactions, broken down as follows:
•1 Coinbase
•2,362 confirmed in the next block 644,544
•62 confirmed in block 644,546
•1 as yet unconfirmed”

Notably, on August 20, 2021, at 11: 40 hours, two different versions of the Bitcoin blockchain were active simultaneously though for a short time. Both of these blocks had valid confirmations from the miners.

In the instance that the same address sent two transactions are the time, the blockchain would have probably seen ‘double spent’ on the network. Nonetheless, BitMEX’s research also saw no signs of that. It noted:

“No evidence of any double spends”

The Coinbase fees paid to the Antpool miners were reversed but all of the other transactions got confirmation in the subsequent blocks. That is one of the key reasons why the wallets and exchanges put a 3-6 confirmation rule before any deposits are credited.

Mining Pool Statistics

Even if there was some double-spending possibility, the rule of the longer chain would have invalidated all the stale block transactions. Furthermore, the distribution of the mining pool is significantly diverse. Antpool only accounts for almost 10% of the cumulative hash rate on Bitcoin.

mining pool distribution

Additionally, the mining ecosystem is huge with some of the most advanced hardware installed in the system with a high opportunity cost as well. A leading Bitcoin analyst, Thomas Heller, who is also a mining expert shared details of new bitcoin mining pool in Canada, the US, and Germany dubbed DMG Blockchain Solutions Inc.

DMG is seeking to enable the “commercial release of its proprietary Mine Manager Enterprise Software (the “Mine Manager”).” He also said:

“Furthermore just found out about a new Chinese pool; launching by two of the biggest heavy hitters in the Chinese mining scene. Pools will keep getting more and more competitive!”

That means there is an expanding network of miners which in turn increases the efficiency in the validation process and the security against double-spent attacks.

Like what you're reading? Subscribe to our top stories
Tags: AntPoolBinance PoolBitcoinBitcoin blockbitcoin blockchainbitcoin miningBitcoin mining poolBitMEXBTCBTC miningCoinbasecryptocryptocurrency

Related Posts

Argo Blockchain Accused Of Misleading Investors In Class Action Lawsuit
Blockchain

Argo Blockchain Accused Of Misleading Investors In Class Action Lawsuit

January 27, 2023
State Senator Sponsors Bill To Make Bitcoin Legal Tender In Arizona
Crypto news

State Senator Sponsors Bill To Make Bitcoin Legal Tender In Arizona

January 27, 2023
Polkadot Insists That DOT Has ‘Morphed’ From Security Status
Blockchain

Polkadot Insists That DOT Has ‘Morphed’ From Security Status

January 27, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.