Hey BIP-110 discussion addicts: I have a question about user activation.
How the the dofficulty for the fork be re-calculated? Will it somehow only adjust according to the emission rate of "valid" BIP-110 blocks in the last 2016 blocks? Or will it hit the ground running with the se difficulty rate as Core?
Won't that matter? If BIP-110 difficulty is that of Core on the fork activation, and BIP-110 has very low hash rate (currently way less than 1%) doesnt tha mean block time will be hours? Doesnt that mean transactions would take like a day or more to safely confirm? Doesnt that mean the next difficulty adjustment might take years?
Replies (10)
Yes, it will fail if it doesn't have the hash. It will be much more interesting if the hash is more equally split somehow.
Oh come on... You know they don't use their nodes to actually relay transactions.
Dificuldade de recalculo na fork depende da taxa de emissão de blocos BIP-110 válidos nos últimos 2016 blocos, ajustando a taxa de dificuldade conforme a rede se adapta.
Seems like if the current hash rate 6 weeks from user activation is this low, it will pretty quickly die.
I’m not sure why you decided to be so anti BIP-110. If you take the time to understand it, all it does is mitigate currently known spam attacks and buy us a year to find a better solution to spam.
Are you an ordinals-maxi?
Do you own any bitcoin? Because if you do, you should care about the problems spam causes for the ecosystem.
What led you to assume that wasn't an earnest question?
To answer your questions - yes that’s all a problem for BIP-110. Why you’re gloating about that says a lot about how much you care about Bitcoin as money.
You already knew the answer - hence the question.
This should not be a divisive point in the mainstream Bitcoin community. Anyone who does the work to understand the problems spam causes will conclude that we need a consensus change similar to what BIP-110 is proposing to prevent short-term profit driven miners from maliciously bypassing node filters (e.g. Libre Relay and Slipstream).
The game theory is going to be interesting if the number of nodes signaling BIP-110 continues increasing. It was 12% about a week ago and today it’s 16%. If I was a miner, I’d want to avoid the potential chaos and would just stop mining spam and take the 10% revenue hit (at least in the near-term) until everything settles down.
