Question: Are miners whose blocks become stale still remunerated for their initially successfully added block? Struggling to find a clear answer for this. Thanks.
Waiting for more confirmations will not prevent stale blocks from happening. It will merely insure your tx is not part of it.
Miners will simply start mining a new block on top of the block they received first. If it ends up being a stale block then tough luck. They discard the work they did and begin anew on the new block they received.
No because the block reward is part of the transaction list. It is usually the first transaction in a block called a coinbase. If the block is dropped, so is the coinbase.
1.) If two miners solve a block at the same time, both new blocks initially were adopted and the closest nodes to each of those miners will accept and utilize this block. Now it depends on which block the follow block will be mined first.
2.) A stale block is a fully valid block which was dropped out of the chain.
3.) Stale blocks occur on a shorter branch of the blockchain, when there is already a longer blockchain in the network.
4.) It is important to wait for at least six confirmations to be sure that the transaction not dropped out of the network with an stale block.
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when 2 miners both produce valid blocks at the same time, they append their block to the chain and their new blocks are propogated out to respective nodes. The conflict of two different versions of the blockchain is resolved when miners select which of the two blocks they will add to, the rules on the blockchain are that the longest chain wins.
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A stale block is a block that was mined successfully and appended to the chain, but was ultimately rejected because there was a longer fork of the chain.
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stale blocks occur when 2 miners produce different valid blocks at the same time and there is a conflict of which version of the blockchain is correct. the stale blocks are rejected from the network and the transactions returned to the mempool.
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Confirmation of a transaction cannot be done until there are 6 blocks mined after the transaction is appended to the chain. this is to ensure that the transaction is not in a stale block and later rejected.
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Both are valid (for example A and B), but the next miner will choose just one ( to B ), and after the new miner mines the new block and adds to the one blochchain ( to B) the other blockchain ( A) will be removed because the longer one / the most of prof of work will be the truth.
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The removed block is called stale block or orphan block
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Because of the first question. To miners are finding at the same time the nonce and will add the block to the chain.
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Because if our transaction is in a stale block, then our transaction goes back to the mempool. And after that it will be confirmed again from another miner et cetera.
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When the next block is solved (resulting in a longer chain), the other miner’s solved block is considered an orphan or stale block and is put back into the mempool.
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A stale block results when 2 miners solve a block at the exact same time, and the block in the other chain is part of a longer chain. The stale block is put back into the mempool.
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Stale blocks occur when 2 miners solve a block at the exact same time
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Because a confirmed block could end up becoming stale if it was solved at the exact same time by another miner and part of a longer chain.
When two miners solve a block at the same time a temporary split of two blocks are created on the blockchain, the when the next block is accepted by one of the previous blocks the other is placed into the mempool because it’s a shorter block.
A stale block is when one of the two split blocks is not chosen by the next mining block, and so is move to the mempool.
Stale blocks occur when two miners solve their blocks at the same time.
It’s important to wait for at least 6 blocks because one of those could be a stale block.
- What happens in the bitcoin network when two miners solve a block at the same time?
Each miner creates a new block. Their own version of truth, but eventually only one of them will become the truth in the blockchain. - What is a stale block?
It is a block that was originally created parallel (same time) to a second block and got dropped because at the end the second block was the one that got validated and bacame the truth on the blockchain - How do stale blocks occur?
It is when a block or blocks were at the blockchain at some point but they got dropped because they there is a true version of the truth without those blocks in it. (they did not get 6 confirmations) - Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
Because the best practice tells us that we should wait for 6 validations to call it a confirmed transaction
- the blockchain will be temporarily split in to two chains until 1 of the blocks is part of the longer block chain. Then the longer will chain will be added and the shorter chain will be dropped.
- stale blocks are dropped blocks that where part of the blockchain until a longer chain was added and formed the new blockchain. They are stored in the mempool.
- they occur when a longer chain with more proof of work is validated as the new version of the blockchain.
- because your transaction could be part of a stale block.
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When two miners solve the next block at the same time, their versions of the blockchain start propagating through the network but eventually only one is confirmed by being in the version with the most proof-of-work invested in it (other confirmed blocks after it that are accepted throughout the network).
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A stale block is a valid block that ultimately was cancelled because a competing block was accepted across the network as part of a longer PoW blockchain than the blockchain the stale block was a part of.
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Stale blocks occur because only one of the competing blocks can be confirmed across the entire network. When one block is confirmed as part of the longest PoW chain the rest of the competing blocks are considered stale blocks.
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It is required to wait for multiple blocks so that you are confident the block in question is not going to become stale.
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What happens in the bitcoin network when two miners solve a block at the same time?
Both blocks will be added to the blockchain, but eventually the other miners will choose only one of the two blocks and remove the other (Stale of orphaned block). The transactions of the removed block will go back to the mempool. -
What is a stale block?
The block that was removed from the blockchain (from question 1 above) is called a stale block. The transactions within the stale block go back to the mempool. -
How do stale blocks occur?
Occurs when two miners produce a block at the exact same time and both blocks are added to the blockchain (in a fork). -
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
It allows for the newly added block (to the blockchain) to propagate throughout the entire network before adding a new block to the blockchain. This reduces stale blocks.
When two miners solve a block at the same time, two versions of truth occurs.
A stale block is the dropped version of the truth due to less confirmations.
Stale blocks comes from dropping of one of the truths, the truth that is less proofed.
Ten minutes time allows time for the block to sort out possible multiple sets of truths.
1.) Both Blocks are valid and will be propagated through the Network.
Other miners choose their version and continue mining.
One Block will win the race. The loser will be removed from the Blockchain.
2.) A Block that got removed from the chain because two blocks were created at the same time.
3.) Different miners can finish their Blocks at the same time. They spread their Blocks through the Network at the same time.
On both versions other miners will start mining → the next blocks decide which one is the correct chain
4.) You wait to be safe. The transaction might be on a Block that will be removed.
The transaction would then be sent back to the Mempool
- What happens in the bitcoin network when two miners solve a block at the same time?
Both blocks will be connected to the blockchain.It all depends on the next miner - he will connect his block to one of the two blocks and that chain will be valid as it is longer/ more difficult. The other block that was previously connected will now return to the menpool. The dropped block is called a stale block.
- What is a stale block?
Transaction is confirmed only after six next bocks are connected to the blockchain. All blocks that dropped from the blockchain are called stale blocks/orphans.
- How do stale blocks occur?
Block was valid but because there were two blocks with the same version of truth, the one with less POW dropped from the blockchain
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
Because valid block can drop to the menpool as described in question 1.
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When two blocks are produced at the same time, one block will eventually win and the other will become a stale or orphaned block. Although both blocks are completely valid, the longest chain will win. Which ever block is accepted by the computer that has mined the next upcoming block will be choosen as the winning and confirmed block.
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A stale block or orphan block is a block that has been dropped from the database. When this happens all the transactions used in that block will be sent back to the mempool.
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A Stale block occurs when two blocks are produced at the same time. Although both blocks are completely legitmate, only one block can be used in the block chain. the computer that mines the next block will choose the block that it was presented to first. This block will become successful in being added to the block while the block that was not chosen will become a stale or an orphan block. The block will be dropped and all that transaction used in that block will be sent back to the mempool for future mining.
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To verify that the block has been added to the network. 6 blocks will confirm that your block has been added to the network and has not been turned into a stale block and dropped from the network.
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What happens in the bitcoin network when two miners solve a block at the same time?
After that point, the bitcoin network will have 2 versions of blockchain . And the miners are keeping mining the next block based on either version until the next block is mined and propagated to the networks to determine which version is the one to be continued. -
What is a stale block?
It is the block at certain point of time being a valid block until it become invalid and all the transactions in that block are returned to the mempool. -
How do stale blocks occur?
Stale blocks occur when in bitcoin network there are two miners solve a block at the same time. -
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
To avoid that transaction may be included in the stale block and returned to the mempool
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What happens in the bitcoin network when two miners solve a block at the same time?
The blocks from each miner will propagate to the nearest nodes that is can reach and create a fork in the blockchain. However, once a longer blockchain is established the longer blockchain becomes the true blockchain in which new block will be placed -
What is a stale block?
A stale block/orphan block is a successfully validated block that was part of the blockchain but later on dropped out of the blockchain as a longer block chain emerged from a different branch of blocks -
How do stale blocks occur?
The stale blocks are removed blocks due to the emergence of longer blocks that are divergent to the stale blocks which satisfy the requirement of being the longer blockchain which in turn becomes the valid blockchain -
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
To prevent the possibility that the transaction sending/receiving has been validated but got dropped off due to being part of the stale block which delays the full validation of the transaction as it gets stored into a mempool again.
- What happens in the bitcoin network when two miners solve a block at the same time? - 2 versions of the truth are being propagated and the winner will be decided by the next miner who chooses one or the other. Longer block wins, longer being the understanding of the one with the lowest target.
- What is a stale block? - it’s a block that is dropped by the network, and whose transactions are sent back to the mem pool.
- How do stale blocks occur? - when it competes with another block and it gets defeated by the fact that the next miner comes and chooses, for various reasons, to continue to mine on the winner block, thus generating a longer chain that is the differentiating part between a winner/further accepted and propagated block, and a stale block.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction? - in order to avoid the situation that your transaction is part of a stale block.
- When two miners solve a block at the same time then what happens is you end up (temporarily) with two copies of the blockchain being propagated across the network - two ‘versions’ of the truth.
- It’s a block that has to be discarded because the blockchain has somehow ended up with two different versions.
- Stale blocks occur, as mentioned above, when two miners solve a block at the same time and we end up with two versions of the blockchain. In this case the network has to decide which version of the blockchain to go with (whichever one gets a block added to it next), and so the last block on the blockchain that is rejected is itself discarded as a stale or orphaned block.
- The rule is to wait for 6 further blocks before confirming a transaction. This is for the mentions reasoned above - in case two blocks are solved at the same time, resulting in a stale block, and thereby resulting in certain transactions being placed back in the mempool and returned to a non-confirmed status.