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Bitcoin Miners Found 2 Valid Blocks, Then One Was Left Behind

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Galaxy Research documented a Bitcoin blockchain reorganization on Sept. 11, when two of the network’s largest mining pools found competing valid blocks, setting off a brief race that ended with one pool’s block joining the chain with the most accumulated work while the rival block was ultimately discarded. Bitcoin’s One-Block Reorg Pits Spiderpool Against Antpool […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Temporary network reorganization has minimal long-term effect on Bitcoin's security or value.

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