Brave Details Payment Process for Supporting Websites; Users Get Paid Too

Brave, a web browser that blocks third-party trackers and unwanted ads from websites and allows users to reward preferred web content, has detailed how it accomplishes these things in a blog by Brendan Eich, founder, president and CEO. Brave recently introduced a beta version of its bitcoin-based payment system that automatically pays the websites that […]

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A Chinese Online-Only Bank Will Present at the Global Blockchain Summit

WeBank, launched last year by China’s internet giant Tencent whose instant messaging service Wechat and QQ is used by around 650 million people, is to present at Shanghai’s Global Blockchain Summit on the 23rd of September. As China’s first online-only bank, WeBank has extended $ 4.5 billion in loans, but faces stiff competition from Ant Financial’s […]

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Mining and pending events

I am trying to fully understand the block chain algorithm and in particular, the consensus.

My understanding is each miner has a pool of pending events — events that have not yet been included in a block –.

What I can’t get my head around is if I’m busy mining events A, B & C into a block. Then in the mean time, a new block arrives that already includes event A, and its chain represent the “most work chain”. I should abandon my effort to mine and start mining again after this new block.

If that’s the case, then when I restart mining, my pending events should only have B and C. That I understand.

But if the new block that now becomes the head of the block chain was not parented by my current main block, that means that I could duplicate event B & C (if the parent of the new block contained them).

So how do I need to manage pending events? Do I need to go back the new chain to make sure I don’t make duplicates?

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