Monero Rocked by Deepest-Ever Blockchain Reorg—118 Transactions Wiped Out
Monero's network just hit a major snag—its deepest blockchain reorganization on record slashed 118 transactions from existence.
What just happened?
The privacy-focused chain experienced an unexpected rollback, effectively erasing over a hundred transactions from its ledger. No funds were reportedly stolen, but the incident raises eyebrows about network stability under pressure.
Why it matters
Reorgs aren't unheard of in crypto, but this one's depth sets a concerning precedent for Monero. While the chain self-corrected, the event exposes potential vulnerabilities even in established privacy chains—especially when miners suddenly change their minds about which blocks to build on.
Finance folks might shrug—after all, it’s just another Tuesday in crypto-land where 'immutability' occasionally takes a coffee break. But for a chain built on stealth and security, this hiccup’s timing couldn’t be worse.