Questions tagged [block-validity]

Collects questions regarding the validity of blocks according to consensus rules.

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7
votes
1answer
554 views

Why is there no such thing as a redirected, forged, or fake transaction?

In the past, we had numerous questions about "fake" or "forged" transactions. Such transactions could supposedly be created even without holding any bitcoins, yet would end up in the mempool or even ...
5
votes
2answers
293 views

Why is two hours the maximum acceptable offset for Bitcoin blocks?

As far as I understand, Bitcoin transactions include a timestamp, but the only requirement is that they don't differ for more than two hours. But why two hours? For computers that are constantly ...
14
votes
2answers
3k views

Can someone explain this weird mining activity?

I can't figure why this block has 0 coinbase with 0 transactions... however still a valid block? Or it it empty? According to whalepanda this coinbase was sacrificed by unknown miner. See the block ...
12
votes
2answers
2k views

Two blocks, two transactions, same hash

Would a block containing a transaction with an identical hash as a previous transaction be considered valid? That is, if someone made a transaction for generating Bitcoins and solve two blocks with ...
2
votes
2answers
193 views

Incentive for validating block

When miners find a solution to a block and broadcast it, what is the incentive for the other miners to actually validate that it is correct? It seems that they might save time by just starting to work ...
4
votes
2answers
591 views

Why is the full blockchain required, effectively forever?

I do understand that every block is validated in terms of the blocks before it by way of the previous block's hash, all the way back to the genesis block. However, could the protocol be modified such ...
8
votes
3answers
8k views

How long does block validation take?

Assume a miner receives a new block from a connected peer. Please correct me if I'm wrong: The miner validates the newly received block before using it themself and sending it to their other connected ...
10
votes
1answer
620 views

When Schnorr signatures are part of Bitcoin will it be possible validate each block with only one signature validation?

In a recent talk Pieter Wuille talked about speed up verification when using Schnorr signatures and various algorithms for verifying multiple signatures. Would it really be possible to verify one ...
4
votes
1answer
414 views

How does Proof of Stake prevents dishonest behaviour compared to PoW?

I know that in Proof of Work (PoW) once a node has found the solution (the nonce) they announce it to the network. Then the rest of the nodes can easily verify the correctness of the block hash and ...
1
vote
1answer
226 views

How long does it take to validate a full block?

I'm interested to know how long does it take to validate a Bitcoin block on average home pc. I'm less interested in a precise number. I'm fully aware that it can be different between different ...
0
votes
4answers
348 views

What would happen if two miners were mining two blocks with two different set of transactions?

If two miners picked from the mempool two different sets of transactions, that were not dependent on each other. Then could both miners, mine both blocks and not create a fork? So miner 1 finishes ...
7
votes
2answers
825 views

Does assumevalid lower the security of Bitcoin?

Bitcoin's assumption was to download the blocks and verify it in order to prevent getting fooled. But by default, the assumevalid option is enabled in the software, which, as I understand it, makes ...
5
votes
2answers
243 views

How are blocks verified?

I see in the bitcoin wiki there is something called "script" which compiles down to some bytecode to be run by a very very basic virtual machine. Does this mean that each block is actually just a ...
2
votes
1answer
361 views

How does a non-upgraded node read a SegWit transaction? [duplicate]

I'm trying to understand how my node would interperet a SegWit transaction if I do not upgrade. Even if I do not upgrade, I should be ...