Bitcoin miner concentration just exposed a gap in Bitcoin’s “six confirmations” rule

The Bitcoin network experienced a rare two-block reorg on Mar. 23, at block height 941,880. Foundry mined six consecutive blocks, AntPool and ViaBTC briefly extended a competing branch. The chain resolved the fork as designed, following the path with the most hash rate. Bitcoin performed exactly as designed and validated its assumptions. The heuristic nobody The post Bitcoin miner concentration just exposed a gap in Bitcoin’s “six confirmations” rule appeared first on CryptoSlate.