Galaxy Research Flags High-Orphan Block on Bitcoin Network

According to Galaxy Research, Bitcoin Core v29 nodes have detected an extremely high orphan block with a height of 963853.

This finding is significant in understanding the network's health and security. Orphan blocks occur when a miner solves a block but it does not get added to the main chain due to conflicting transactions or other issues.

The detection of such a high orphan block suggests that the Bitcoin network may be experiencing some level of stress or congestion, which could have implications for transaction processing times and fees. However, more data is needed to determine the full extent of this issue.