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    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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    Dr Justin Chan founded datadriveninvestor.com, a tech application platform designed to help fund managers, individual investors and data scientists uncover outstanding sources of alpha from data. Previously, he specialized in strategy development in a number of hedge funds and served as a senior quantitative strategist at GMO. An expert in microstructure, market liquidity, and behavioral finance, Dr. Chan holds a doctoral degree from UCLA and served as a finance professor at Singapore Management University. He can be reached at justinchan@datadriveninvestor.com.