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It is my understanding that the longest blockchain is the one that should be used.
Is "longest" measured by the number of blocks or the number of transactions?
3
It is my understanding that the longest blockchain is the one that should be used.
Is "longest" measured by the number of blocks or the number of transactions?
0
The longest blockchain is measured by the number of blocks, not the number of transactions. This is because the proof-of-work is linked to the creation of blocks, not transactions.
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The best chain-tip is picked by the total difficulty of its blocks. This usually corresponds to the chain with the most blocks unless the chain-tips differ in difficulty.
Actually it's the sum of the difficulty of all blocks, but that usually doesn't make a difference when comparing different chains. – jnnk – 2014-01-08T20:04:46.933