Re:Mt.Gox Withdrawals
by nkuttler on Thursday February 06, 2014 @06:48AM
(#7189864)
I see, thanks. I don't really see how that could lead to so many dealyed transactions though.
[ Parent
| on HN ]
A freshly mined coin is not valid for 120 generations. That's to avoid transactions being voided if the very end of the blockchain switches (if the chain is A->B->C, and you spend coins mined in B in C, but then the chain is overtaken by A->D->E->F, your transaction is invalid (coins genrated in B won't appear in the new chain))