Stale Block
By CoinGecko | Updated on Mar 03, 2020
Peer-to-peer proof of work mining may sometimes result in more than 1 blocks being mined in the same height, often due to broadcast delays. When this occur, the network will infer the longest resulting chain as the truth, whereby the blocks within the shorter chain will be regarded as Stale Blocks.
Related Terms
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
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