Ravencoin's price has fallen to an all-time low following a critical consensus vulnerability that permitted invalid blocks on its blockchain. Major mining pools are developing a separate chain, which could lead to a three-day blockchain reorganization and the potential reversal of transactions. Meanwhile, a proposed Bitcoin rule change, BIP-110, has caused a chain split, with the breakaway chain falling 326 blocks behind the main network. This secondary chain faces significant challenges, including a lack of market value and high mining difficulty, pushing its difficulty adjustment approximately six years into the future.
Ravencoin is facing a potential rollback of transactions due to a critical consensus vulnerability that allowed invalid blocks to be added to its blockchain. This flaw has caused Ravencoin's price to drop to a new all-time low. In response, major mining pools are constructing a competing chain. This development could trigger a three-day reorganization of the blockchain, posing a risk to the reversal of completed payments.
Separately, a proposed Bitcoin rule change, identified as BIP-110, has resulted in a chain split. The breakaway chain, however, has stalled and is currently 326 blocks behind the main Bitcoin network. The lack of incentive for miners to support this secondary chain, stemming from its absence of market value and high mining difficulty, means its difficulty adjustment is projected to be six years away. This situation highlights the challenges associated with implementing significant changes to established blockchain protocols.
Ravencoin is facing a potential rollback of transactions due to a critical consensus vulnerability that allowed invalid blocks to be added to its blockchain. This flaw has caused Ravencoin's price to drop to a new all-time low. In response, major mining pools are constructing a competing chain. This development could trigger a three-day reorganization of the blockchain, posing a risk to the reversal of completed payments.