Chain Reorganization
From Bitcoin Wiki
This is the approved revision of this page, as well as being the most recent.
The term "blockchain reorganization" is used to refer to the situation where a client discovers a new difficultywise-longest well-formed blockchain which excludes one or more blocks that the client previously thought were part of the difficultywise-longest well-formed blockchain. These excluded blocks become orphans.
Chain reorganization is a client-local phenomenon; the entire bitcoin network doesn't "reorganize" simultaneously.
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