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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.

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Related Terms

Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Bagholder
A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless
STO
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges.
Custody
Protective care or guardianship of an asset.
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