the importance of the complete blockchain for the mining of bitcoins and the resolution of the fork

According to Market Capitalization, Bitcoin has faced many Challenges, including Security Threats, Scalability Problems and Regulatory Control, as the Large Cryptocurrency. The core of these concerns Lies Blockchain Technology, which supports the Bitcoin Network. One of the most important advantages of using a complete blockchain is its ability to provide a safe and decentralized mechanism to solve potential forks or divergences in blockchain.

Why the Fork Resolution is a Complex Problem

As for the solution of forks that occuror different versions of blockchain different from the main chain, miners play a key role. Miners competed for finding the longest valid hash, which was not previously committed. However, this process requirement access to the entire blockchain, including all previous blocks (i.e., a complete blockchain). The problem arises because forks may occur at any time and miners must be able to verify the validity of the blocks on both sides of the fork.

Advantage of Using A Complete Blockchain

The use of a complete blockchain provides severe benefits for Bitcoins:

1

• Decentralized Mining : Complete blockchain allows any miner to verify and verify any block regardless of its source or date of creation.

• Improved Security Measures : When accessing all previously blocks, miners can implement advanced security measures such as zero knowledge evidence to prevent attacks as 51% control.

why not use only the last n blocks?

Alough it may be attractive to simply use the last blocks n (eg 100 blocks) for mining and resolution of fork, this approach has severe disadvantages:

1.

• Decentralized Mining Limitation : By relying on a Smaller Block Size (EG 100 Blocks), Miners may be limited in their ability to verify and verify blocks, which potentially leads to slower processing times and reduced mining efficiency.

• Scalability Lack : The use of a Smaller Block Size May Limit The scalability of the network, which is less suitable for extensive applications or high traffic systems.

Conclusion

The conclusion is that the use of a complete blockchain is essential for the extraction of bitcoins and the resolution of the fork. This allows miners to access all previous blocks, ensure safety, decentralization and improvised security measures. When using a small block size (EG 100 Blocks), It May Seem Attractive, Posing Significant Risks to Network Safety and Scalability. By accepting full blockchain approach, developers can ensure that their cryptocurrency remains safe and resistant to emerging challenges.

References:

• “Complete Bitcoin Blockchain” from Coindeska

• “The Resolution of the Fork in the Bitcoin Network” by BitcoinTalk

Movie

ETHEREUM WHAT TRANSACTION