The Bitcoin blockchain successfully resolved a rare two-block reorganization (reorg) today.
The term"reorganization" can sometimes sound alarming to casual observers, but the event was not an attack or a glitch. Bitcoin's decentralized consensus mechanism is functioning exactly as designed. We just had a rare-ish two block fork/reorg between Foundry and AntPool+ViaBTC.
Foundry mined six blocks in a row.According to data shared by Bitcoin researcher b10c and visualized on-chain, the mining pool Foundry USA won an epic multi-block race against competitors AntPool and ViaBTC. XRP Back on Track to $2 After Sudden Monday Price Jump, Bitfinex Whale Becomes Top SHIB Buyer With 120 Billion Shiba Inu Coins, Bitcoin's Biggest Quantum Critic Explains Bitcoin Cash Outperformance: Morning Crypto ReportThe he network briefly split into two competing chains at height 941880. AntPool successfully mined block 941881. Shortly after, on that same path, ViaBTC mined block 941882. Simultaneously, Foundry USA mined its own version of block 941881. Foundry then found the next block as well, creating its own version of block 941882. At this point, the network had two valid chains of equal length. The tie was finally broken when Foundry USA continued its winning streak with blocks 941883, 941884, and 941885. The blocks mined by AntPool and ViaBTC were discarded, becoming what are known as"stale" or"orphaned" blocks. In total, Foundry USA pulled off seven consecutive blocks . Single-block reorgs happen periodically. However, a two-block reorg is much rarer. It means that the temporary tie between the two chains persisted for an entire extra block cycle.
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