Waiting only insures your tx is not part of a stale block, it doesn’t remove stale blocks or prevent stale blocks from occurring.
Did you mean waiting only secures the miners transaction that is not part of a stale block?
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they both go on the the blockchain, and then the one blockchain that is longer and has more proof of work is the one that’s accepted, the other one becomes stale.
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a stale block is a block that was on the blockchian but then was removed because there was another copy of the blockchain that was longer.
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stale blocks occur when another copy of the block chain is longer than that current blocks chain. and the current block I removed.
4.it is important to wait for 6 confirmations so we know that the blocks arent becoming stale and are going to be accepted.
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What happens in the bitcoin network when two miners solve a block at the same time?
Both remains valid, until a new block is added. The one in which the new block is added to will then be accepted into the blockchain, while the other one will become stale. -
What is a stale block?
It is a block that was dropped due to another competing block that is part of a longer chain and is accepted into the blockchain. -
How do stale blocks occur?
It occurs when 2 blocks are valid at the same time. So the one in which the next block is added to will be accepted into the blockchain, while the other block is dropped, thereby becoming a stale block. -
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 ensure that the transaction is not dropped due to the possibility of a transaction being placed in a stale block.
Sorry I mean insures not secure.
- What happens in the bitcoin network when two miners solve a block at the same time?
- The blocks are validated at the same time and the nodes will adopt the version of the chain that has the most resources dedicated to it.
- What is a stale block?
- It is the block that has dropped from the chain into the mempool.
- How do stale blocks occur?
- Because the nodes adopted another version that has more complexity to it.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
- In case a stale block is occurring so that the blockchain does not have two versions of it.
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When two blocks are mined at the same time, they have to compete. They each propagate the information across the network, but due to geography, the closest nodes will favour block A while others will favour block B. In the necessary timeframe, all nodes will not have been updated resulting in two different truths. As the network will accept the longest chain (eg the one with block B in it), the other block will be removed and the transactions it contains will be returned to the mempool again ready for processing. While there are two competing chains, newly mined blocks can only be added to one or the other which results in one chain getting longer and increasing its chances of being accepted.
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Once a single truth is agreed upon, the other chain is rejected and removed. These removed blocks are called stale or orphan blocks. the transactions they contain are returned to the mempool.
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Stale blocks occur when competing blockchains must agree on a single truth. The longest (and most difficult) chain is accepted and the stale blocks are the leftovers that must be removed.
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It is recommended to wait until 6 further blocks are confirmed and added to the blockchain before true verification is achieved. This creates a buffer in case the block is part of a competing chain that may subsequently result in it becoming a stale block.
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What happens in the bitcoin network when two miners solve a block at the same time?
The one of the blocks that makes up the longer chain with high difficulty will win and the other will be dropped into the mempool. -
What is a stale block?
Stale blocks = orphaned blocks = droop blocks
Stale blocks - blocks that were discarded being part of a shorter chain that was transferred to the mempool. -
How do stale blocks occur?
Stale blocks occur when two miners solve a block at the same time and one of these two blocks with shorter chain must be removed because there can only be one truth. -
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 at least 6 confirmations to be sure that our transaction is not in the stale block.
- At first, both are considered valid blocks. However, the next miner will determine the next valid block by confirming it.
- A stale or orphaned block is the block that is not confirmed throughout the chain and all of its transactions go to the mempool.
- When a block’s transactions are not confirmed by the next blocks, they are made with the purpose of minimizing the errors.
- One confirmation does not guarantee the block to have been chosen as the longest route and the next valid block. It is recommended to wait for 5 more confirmation to assure the next block is validated and your transaction has been successfully approved of.
- What happens in the bitcoin network when two miners solve a block at the same time?
- Both got propagated to the network close to them. At some point one of the 2 will be considered as the valid one as new blocks will start building on one of the 2 options
- What is a stale block?
- A block that was dropped as another block has been selected by the network as the
- How do stale blocks occur?
- When 2 new blocks are propagated on the network at a close enough time that there is chance the network doesn’t know yet wich one is the valid one until new blocs are created.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
- Because it’s possible the block is a Stale block dropped by the network and
- When two miners solve a block at the same time, the nodes closest to where the block was solved will propegate that block, while the ndoes closest to the other block will propegate the other block. If bothh blocks are valid then the nodes will have different versions of the blockchain that bot hare valid.
- A stale block is a block that was removed from the blockchain
- A stale block occurs when nodes have to versions of the blockchain with two different blocks that are both valid, and then the next block added will be added to one of the two blockchains that have been created. The network will approve the chain where the next block is added because it always chosess the longest chain (depends on difficulty aswell). The chain then removes the other block where a new block was not added, and now it is only one version of the truth again on all the nodes.
- Your transaction is a part of a block and to make sure that your block dosnt become a stale block it is important to wait until atleast one more block is added to confirm the transaction.
- What happens in the bitcoin network when two miners solve a block at the same time?
The version of the blockchain that is showing the most proof of work will be accepted by the network. All blocks on other versions of the blockchain will be orphaned and dropped. - What is a stale block?
A block sitting on a version of the blockchain that did not show the most proof of work and therefore was not accepted by the network. - How do stale blocks occur?
More than one version of the blockkchain is mined and propagated to the network. If a block is on a version of the blockchain, that later gets dropped by the network, it is called a stale block. - Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
After 6 confirmation you have total security, that the block relevant for you got accepted by the network as is part of a version of the blockchain, that is relevant.
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Then two different blocks exist that miners can try and solve
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a stale block is a block that was previously accepted by a portion of the network but is now discarded
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when 2 different blocks exist for miners to solve, the first one to be solved becomes the longest chain and thus “accepted”. The other block is then discarded ans is the “stale” block
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so that you know the transaction isnt in a stale block. If it was then it will go back in to the mempool to be confirmed in another block that isnt stale.
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Two parallel blockchains start to develop. At the end only one of them (the largest) will stay.
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A block which was dropped, because it was shorter than a competitor
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The network compares competing blocks every 10 min
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In order to make sure that our transaction stayed in the blockchain, and did not belong to a dropped block
- Temporary chain forks are formed.
- A Stale block was a block on a chain that was removed and placed in the mempool because the other blocks had a longer chain.
3)Chain forks that get formed at the same time on a chain. Only one fork with the longer succeeding blocks stays and the other blocks that formed forks are placed back into the mempool.
4)Gives enough time to wait for stale blocks to be removed and new ones to be created every 10 minutes.
- Both blocks are propogated until another block is chained and the longest chain/chain with the most proof of work wins and the other block is dropped
- Valid blocks dropped from the blockchain
- They are on a blockchain that has less proof of work than another valid blockchain
- Your transaction may become stale
1)What happens in the bitcoin network when two miners solve a block at the same time?
The longest block will win and the other block will be dropped or orphaned
2)What is a stale block?
a block that is dropped
3)How do stale blocks occur?
After the longest block wins, the left over blocks that didn’t make it are called stale blocks they are then dropped and sent back to the node to start over.
4)Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction?
To be safe 6 blocks pass your block before your block is permanent just in case a stale block occurs
- What happens in the bitcoin network when two miners solve a block at the same time? The network will default to the longest chain rule. When the next miner connects their block, one of the previous miners block will be accepted because it will be the longest chain. The other miner’s block will be rejected and the data will be returned to the mempool.
- What is a stale block? Blocks that were in the blockchain at one time; but, got dropped because it there is another version of the blockchain that is longer without the block in it.
- How do stale blocks occur? This can occur when two miners add a block to the blockchain at the same time.
- Why is it important to wait for more than one block to be confirmed when sending or receiving a transaction? You need to wait at least 6 blocks after your block to make sure that your block will not be dropped.
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There will be two versions of the truth for a time. Until the longest block will be confirmed by 6 block confirmations. then the other block will return to the mempool.
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a Block that is proven to be unconfirmed and was returned to the mempool.
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When two versions of the truth concurrently exist without yet having been confirmed by 6 block confirmations.
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To ensure that the block is confirmed by 6 block confirmations. Otherwise the block might turn out to be a stale block.
1.) Both blocks will be added temporarily until a new miner solves a block based on one of the 2 added blocks, the one not used to based the new block will be ignored and dropped.
2.) A valid block but becomes ignored and dropped from the blockchain
3.) stale blocks occur after 2 block are mined at the same time, then a new miner adds a new block based on the data from one of the 2, the block that is not used by the miner becomes a stale block
4.) to ensure your transaction is actually confirmed and has not ended up sent to the mempool from a stale block