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
Frontrun
To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain.
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Gas Limit
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
Hey Hey Hey
A term made popular by Carlos Matos who was the spokesperson for the Bitconnect Ponzi. He used it frequently during Bitconnect events to rile up the crowd.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.