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Bitcoin network is so vast that at one end of network a miner could solve the puzzle (less then the target) at the same time at the another side of network a second miner solves the puzzle also (less then the target), the block of both the miners are valid, it depends upon the next miner which block he choose’s to link his block the other block that is not in the longest chain returns to mempool.
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The block removed from the longest chain is called as stale block and it’s data returns to the mempool.
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When two miners solves puzzle and meets the target as same time, two blocks are formed at same time one of which is a stale block.
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You need to pay attention while sending bitcoin, if your block was never conformed by the other miners then ur txn returns to mempool. And may take some time for that.
- It comes to the situation where two valid blocks are propagated to the network, one of which will be discarded, which depends on which the next block will be bound to.
- Stale block is the block which will be discharged and the transactions returned to the mempool.
- Stale block occur when two miners mined new block at the same time
- It is important to wait more than one block to be shore that the block will be confirmed – bounded with the next block.
what happens to other answers.
What happens in the bitcoin network when two miners solve a block at the same time?
both blocks are put onto the blockchain until another miner joins in and continue one of the two blockchain.
What is a stale block?
Stale Blocks are blocks that are not confirmed, they will be put back in the memepool if they are not confirmed.
How do stale blocks occur?
They occur when a block is not confirmed after 6 blocks.
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
To reduce the risk of getting a transaction in a stale block
- What happens in the bitcoin network when two miners solve a block at the same time?
They will both be awarded a new block, then the first block that is solved next will be linked to one of those blocks, which will render the other one stale. The stale block will be vanquished to the mempool and the blockchain will move forward on the longer chain.
- What is a stale block?
A stale block is one that is dropped from the blockchain after it was appended to the blockchain at the same time as another block that was also appended to the blockchain. The stale one was dropped because the blockchain was not advanced to it.
- How do stale blocks occur?
Stale blocks occur when two blocks are added at the same time and the next block solved can only be added to one segment of the blockchain. The longer side will move forward and the other side gets dropped and adds the stale block to the mempool.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
Waiting for 6 blocks to be confirmed is ideal because it decreases the chance of a block being dropped and rendering it stale therefore sending it to the mempool.
- Both blocks will be sent out to the network and put in the blockchain. That results in two conflicting chains. The next block to be put in one of the chains determines what chain will be valid. The other block will be sent back to the mempool.
- A stale block, or orphane block, is a block that was rejected from the chain and sent back to the mempool.
- A stale block occurs as it gets rejected from the chain.
- To be certain that the block is valid, you would like to have 6 blocks after your block in the chain. This ensures that the risk of you having a stale block is minimized and your TX is confirmed in the chain.
they will appear in sometime while you go and play with alt coins. there are massive gains coming our way, If ur are in altcoins.
Is it good enough?
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What happens in the bitcoin network when two miners solve a block at the same time?
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What is a stale block?
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How do stale blocks occur?
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Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction
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both blocks will be added as long as they are legit. it is up to the next miner which block will chose
2.is the block that gets dropped
3.Stale blocks occur after a fork is resolved with a longer chain -
it is important to wait 6 confirmations because a block might be dropped and the transaction will be cancelled.
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What happens in the bitcoin network when two miners solve a block at the same time?
They both have to wait for 6 confirmations. The one on the longest blockchain at the
time they get 6 confirmations will be the one who gets paid and the other one gets dropped. -
What is a stale block? The one that got dropped from the blockchain will have the stale blocks.
The blocks are of no more use. They are stale or Orphaned. -
How do stale blocks occur? The one on the longest blockchain at the
time they get 6 confirmations will be the one who gets paid and the other one gets dropped. The
dropped one will become the stale blocks. -
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
To insure the longest chain and to keep the 10 minute rule for 1 bitcoin by requiring 6 confirmations. By
then most issues in the blockchain should be resolved.
- What happens in the bitcoin network when two miners solve a block at the same time?
There will be two versions of the network and the miners will choose the one that has more proof-of-work.
- What is a stale block?
A block that gets put back into the mempool in favor of a chain with more PoW.
- How do stale blocks occur?
Stale blocks occur when a chain is dropped in favor of a chain with more PoW.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
It is important to wait for 6 confirmations to be sure that the block your transactions are does not become stale.
The nodes closest to the miners i.e nodes closest to Nigeria will get it’s block while the nodes closest to Australia will get it’s block. The next miner will pick which block it want to be on and last the shortest chain won’t be accepted. All the from the dropped block will go back into the mempool.
Stale block- a block that was dropped from the blockchain.
Stale blocks occur when 2 miners simultaiouisly add a block to the chain.
it’s important to wait because you don’t want the blocks to overlap each other. the block won’t be able to proprogate the entire network before a new block is out.
Homework - Stale Blocks
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What happens in the bitcoin network when two miners solve a block at the same time?
There can only be 1 miner whose block will be written in the blockchain. The longer the blockchain based on POW is the one that gets linked -
What is a stale block?
These are dropped blocks that were in the blockchain once and put back into the mempool. They are also know as orphaned blocks -
How do stale blocks occur?
When there were dropped blocks cause there is a longer blockchain present -
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
The safe period is 6 confirmations which is about 10 minutes just to make sure you don’t find yourself with orphaned blocks. One has to keep in mind that you are not the only miner as there are others mining as well on the global network
6 confirmations take approximately 1 hour. Then you can be 99.99% sure that your transaction will be immutably recorded on the bitcoin blockchain forever.
- both blocks will be added to the same chain temporary
- stale block is the block that was in the chain but was removed lately because the chain was shorter then the other
- stale block appears when chain continues with another branch of the same truth that the stale block was
- to prevent your block to become orphaned
- Both will be passed along to nodes but only the block that is longer and adopted faster will survive.
- A stale block is the name provided to the block that is eliminated in the previous question.
3.Stale blocks occur when they are not appended to quickly enough to be long term validated to the blockchain. - It’s possible that your block may be orphaned and the information is sent back to the mempool.
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Each node’s blockchain is propogated with the block from the miner that is closest to them.
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A stale block is one that was part of the blockchain for a period of time until being dropped because a longer version of the blockchain exists without its inclusion.
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When two miners solve a block at the same time, two versions of the blockchain exist simultaneously on different nodes. When the next block is solved on one version of the block chain, the last block from the other blockchain is dropped off because it isn’t part of the largest blockchain anymore.
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Because the block is not truly confirmed until it has avoided the possibility of being a stale block.
- What happens in the bitcoin network when two miners solve a block at the same time?
We end up with two versions of truth that’s two different blocks with the same info both are valid but one ends up being eliminated - What is a stale block?its a block that has been dropped back in the mempool
- How do stale blocks occur? When blocks are being produced too quickly
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction? it is important to wait for at least 6 blocks in case our transaction ends up on a stale block witch might be dropped
1. What happens in the bitcoin network when two miners solve a block at the same time?
The blockchain diverges, as a fork is created : When two miners solve a block at the same time, it essentially creates two versions of the blockchain, as the blocks in question will be propagated to the nodes that are in closest proximity to each miner.
2. What is a stale block?
A stale block is one that has been dropped from the blockchain due to a fork.
3. How do stale blocks occur?
Stale blocks occur when there is a fork/divergence in the blockchain and miners continue on with one
4. Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
Your transaction could be stale(dropped) if it is not confirmed across multiple blocks (6 confirmations are recommended).
What happens in the bitcoin network when two miners solve a block at the same time?
The blockchain has 2 versions temporarily until another miner appends a new block to one of the versions of the blockchain and one of the two parallel mined blocks is dropped.
What is a stale block?
The block that is dropped.
How do stale blocks occur?
When two miners solve the puzzle at the same time.
Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
Because the block might be dropped if it turns out that there were two versions of the blockchain with two miners having solved the puzzle at the same time.