An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Cr...
Since January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but the first time the Bitcoin chain split was 11 years ago on August 15, 2010. Strange Block 74,638 4,019 days ago on August 15, 2010, the Bitcoin community had a problem which was dubbed the “overflow bug.” What was also called a “malicious event” or “Strange block....
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According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain on Wednesday, November 11, 2020. Three major third-party service providers Infra, Binance, and Blockchair all reported on the issues with Ethereum at around 5 a.m. (EST). A number of cryptocurrency community....
There is some panic among users of Bitcoin regarding their fate in the event of a split within the community. Online web wallet owners seem to be the most concerned as the majority of them, apart from lacking an in-depth knowledge on the functionalities of the Bitcoin protocol assume that they may be stuck with whichever chain that their vendors decide to go with. Some newbies are also suspecting the possibility of having their Bitcoins split between both chains in a system that may deny them the opportunity to decide which chain to follow. In a situation where the value of the Bitcoins....
Shapeshift has launched a new tool - Shapeshift Ethereum Splitter to split the two Ethereum based cryptotokens, ETH and ETC. Shapeshift has launched a new tool – Shapeshift Ethereum Splitter – that helps users split the Ethereum based cryptotokens: ETH and ETC. The Ethereum blockchain project had split into two following its hard fork last month. With Ethereum (ETH) continuing on a new fork, the original blockchain has continued to operate as Ethereum Classic (ETC). Unexpectedly, Ethereum Classic has now become one of the popular digital currencies. But these two Ethereum versions – ETH....
August 15th was an interesting day for the cryptocurrency community. The debate over the block size increase has escalated into two versions of the Bitcoin protocol: Bitcoin core and Bitcoin XT. On the publication Medium Mike Hearn explains why a full release of Bitcoin XT was made available on the 15th. Hearn explains through the use of Satoshi....
The Ethereum network is facing a chain split after an exploit forced over 50% of its nodes to upgrade their client to prevent further attacks. This security vulnerability was detected, reported, and fixed by Go Ethereum, developers of the affected client, Geth. On August 24th, 2021, via their official Twitter handle, Go Ethereum and its […]