Accidental Fork

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    Categories: Blockchain

    A situation where two or more miners find a block at virtually the same time. The situation is resolved after subsequent blocks are added, one of the chains becomes longer than the others, and the blocks that are not in the longer chain are subsequently abandoned (and known as ‘orphaned blocks’).

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    Justin Chan
    Dr Chan founded (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.