What is Chain Reorg?
Chain Reorg A blockchain event where a portion of the chain’s recent blocks is replaced by an alternative sequence, usually due to network latency, mining conflicts, or attacks, potentially impacting transaction finality and portfolio reporting.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Chain Reorg” Used in Practice?
Chain reorgs can result in temporary double-spend or transaction reversal, so crypto asset managers must monitor for such events and update portfolio records accordingly.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Chain Reorg?
A blockchain event where a portion of the chain’s recent blocks is replaced by an alternative sequence, usually due to network latency, mining conflicts, or attacks, potentially impacting transaction finality and portfolio reporting.
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