1&2 Each block is appended to the chain until a miner solves the next block then one of those (the one not chosen by the miner) will be orphaned from the chain.
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The network will always choose to continue with the longest chain so if there exist two or more versions the new blocks on the shorter chains will be dropped.
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Waiting until 6 more blocks are confirmed lowers the risk of a block being dropped.
*not certain how waiting works?