Re: Blockchain split of 4 July 2015

OMG WTF guys? I`m getting scared.

So if i just send now a transaction, then i lose my bitcoins and it doesnt get to the other end?

Also what if i buy now bitcoin with do i get fake bitcoin if the merchant is on wrong chain?

This could be a serious problem. No FUD intended but seriously, i`m starting to panic/ Huh

Is it just me or is the impact of this non-event severely exaggerated?

It didn't have much direct impact this time... however, I think there is reason to be concerned.
Imagine if 48% of the hashing power was on the 'wrong' fork instead of 35% or
whatever it was. You start running into the possibility of a real split network that won't
converge on its own.

It behooves the community to examine the process by which pools and nodes stay updated.
Honestly, a pool watchdog would be a good thing, to make sure all major pools are operating
on the same codebase. Or if someone has better ideas, pls share.

I believe that more then 50% of the network was actually mining on the invalid chain for some time. Regardless of how long it would become, it would never be valid.

This is why people shouldn't have relied on any transaction as being confirmed except those that were showing as confirmed by something that got its info from Bitcoin core.