Albeit blockchain technology in the cryptocurrency industry is designed to prevent rollbacks and reorganizations, that is not always the case. In fact, there have been several incidents which invoked or could have invoked a blockchain rollback or reorganization. A rather interesting turn of events, which warrants a look back at what happened exactly.
Bitcoin’s 184.467 Billion BTC Block
Back in August of 2010, Jeff Garzik noticed a network block which seemed to offer some unexpected and disturbing information. Although everything regarding the block’s information appeared to be on the up and up, the actual block reward was not making too much sense. The output displayed a total of 184,467,440,737.0955 Bitcoin.
Not only is that a ludicrously large number, but it would also vastly surpass Bitcoin’s limited supply by several magnitudes. It did not take long to ensure this incident was marked as a serious problem, and some users were wondering how things would get resolved in the end. A patch was issued which effectively…