Post
Topic
Board Announcements (Altcoins)
Re: Virtacoin Goes Live july 1 2014
by
Virtas
on 22/01/2021, 03:58:41 UTC
Today has been a very long day from the moment I woke up.

I think I was able to help with Bitcoin education and knowledge, but the FUD is quite exhausting.
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A more detailed explanation of the whole

"A double-spend broke Bitcoin" FUD that was circulated by an irresponsible publication.
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Two blocks were mined almost simultaneously, competing for the same height, meaning that they had the same parent block and were trying to extend the chain of the same block
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There was a chain re-organization in the Bitcoin blockchain. This is a common occurrence that is part of Bitcoin's normal operation. It is a result of decentralized consensus under Proof-of-Work. All PoW chains do this.

https://www.youtube.com/watch?t=352&v=hixM4u7ep58&feature=youtu.be