New answers tagged mining-reward
1
vote
What percentage of mined nonces fail to join the consensus blockchain?
Imagine that all of the Bitcoin network's hashing is being done on a single giant imaginary computer, that doesn't stop if it finds a successful block.
We can perform a calculation of the probability ...
- 458
3
votes
Accepted
What percentage of mined nonces fail to join the consensus blockchain?
The term for this is "orphan rate" or "fork rate", as each created block which doesn't make it into the eventually accepted chain is effectively a tiny chain fork that doesn't get ...
- 102k
3
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What percentage of mined nonces fail to join the consensus blockchain?
You should say Bitcoin, not just blockchain: Bitcoin is the basic reference model for all blockchains, but there may be protocol variations with other blockchains.
The fact that a miner found such a ...
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4
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What percentage of mined nonces fail to join the consensus blockchain?
The fact that a miner found such a nonce does not guarantee that it
will become part of the consensus blockchain though.
this is true because there might be multiple miners who find the correct nonce ...
- 141
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