@ -587,7 +587,7 @@ Hashing Power: 127141 hashes per second
As you can see, increasing the difficulty by 1 bit causes a doubling in the time it takes to find a solution. If you think of the entire 256-bit number space, each time you constrain one more bit to zero, you decrease the search space by half. In <<pow_example_outputs>>, it takes 84 million hash attempts to find a nonce that produces a hash with 26 leading bits as zero. Even at a speed of more than 120,000 hashes per second, it still requires 10 minutes on a laptop to find this solution.
At the time of writing, the network is attempting to find a block whose header hash is less than:
At the time of writing, the network is attempting to find a block whose header hash is less than:
@ -773,14 +773,14 @@ image::images/mbc2_1002.png["Before the fork - all nodes have the same perspecti
A "fork" occurs whenever there are two candidate blocks competing to form the longest blockchain. This occurs under normal conditions whenever two miners solve the Proof-of-Work algorithm within a short period of time from each other. As both miners discover a solution for their respective candidate blocks, they immediately broadcast their own "winning" block to their immediate neighbors who begin propagating the block across the network. Each node that receives a valid block will incorporate it into its blockchain, extending the blockchain by one block. If that node later sees another candidate block extending the same parent, it connects the second candidate on a secondary chain. As a result, some nodes will "see" one candidate block first, while other nodes will see the other candidate block and two competing versions of the blockchain will emerge.
In <<fork2>>, we see two miners (Node A and Node B) who mine two different blocks almost simultaneously. Both of these blocks are children of the star block, and extend the chain by building on top of the star block. To help us track it, one is visualized as a triangle block originating from Node A, and the other is shown as an upside-down triangle block originating from Node B.
In <<fork2>>, we see two miners (Node X and Node Y) who mine two different blocks almost simultaneously. Both of these blocks are children of the star block, and extend the chain by building on top of the star block. To help us track it, one is visualized as a triangle block originating from Node X, and the other is shown as an upside-down triangle block originating from Node Y.
[[fork2]]
[role="smallersixty"]
.Visualization of a blockchain fork event: two blocks found simultaneously
image::images/mbc2_1003.png["Visualization of a blockchain fork event: two blocks found simultaneously"]
Let's assume, for example, that a miner Node A finds a Proof-of-Work solution for a block "triangle" that extends the blockchain, building on top of the parent block "star." Almost simultaneously, the miner Node B who was also extending the chain from block "star" finds a solution for block "upside-down triangle," his candidate block. Now, there are two possible blocks; one we call "triangle," originating in Node A; and one we call "upside-down triangle," originating in Node B. Both blocks are valid, both blocks contain a valid solution to the Proof-of-Work, and both blocks extend the same parent (block "star"). Both blocks likely contain most of the same transactions, with only perhaps a few differences in the order of transactions.
Let's assume, for example, that a miner Node X finds a Proof-of-Work solution for a block "triangle" that extends the blockchain, building on top of the parent block "star." Almost simultaneously, the miner Node Y who was also extending the chain from block "star" finds a solution for block "upside-down triangle," his candidate block. Now, there are two possible blocks; one we call "triangle," originating in Node X; and one we call "upside-down triangle," originating in Node Y. Both blocks are valid, both blocks contain a valid solution to the Proof-of-Work, and both blocks extend the same parent (block "star"). Both blocks likely contain most of the same transactions, with only perhaps a few differences in the order of transactions.
As the two blocks propagate, some nodes receive block "triangle" first and some receive block "upside-down triangle" first. As shown in <<fork3>>, the network splits into two different perspectives of the blockchain; one side topped with a triangle block, the other with the upside-down-triangle block.
Andreas M. Antonopoulos
7 years ago