What is the process for activating the best chain in Bitcoin Core?

Can you explain the step-by-step process for activating the best chain in Bitcoin Core? I'm curious about how it works and what factors are considered in determining the best chain.

3 answers
- Activating the best chain in Bitcoin Core involves a consensus mechanism called Proof of Work. Miners compete to solve complex mathematical problems, and the first one to find a solution gets to add a new block to the blockchain. The best chain is determined by the longest chain with the most accumulated proof of work. This ensures that the chain with the most computational power behind it is considered the valid chain. It's a decentralized process that relies on the majority of miners agreeing on the validity of the chain.
Mar 18, 2022 · 3 years ago
- The process for activating the best chain in Bitcoin Core starts with the creation of a new block. Miners gather transactions from the mempool and try to solve a cryptographic puzzle. Once a miner finds a solution, they broadcast the new block to the network. Other nodes in the network validate the block and add it to their copy of the blockchain if it meets the consensus rules. The longest chain with the most accumulated proof of work is considered the best chain and becomes the active chain.
Mar 18, 2022 · 3 years ago
- In order to activate the best chain in Bitcoin Core, the network relies on miners to compete for the right to add a new block to the blockchain. This process is known as mining and involves solving complex mathematical problems. The miner who solves the problem first gets to add their block to the chain. The best chain is determined by the longest chain with the most accumulated proof of work. This ensures that the chain with the most computational power behind it is considered the valid chain. It's an essential part of the security and integrity of the Bitcoin network.
Mar 18, 2022 · 3 years ago
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