-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Hi there,
I have an contradictory discussion with an altcoin supporter and want to bring some solid arguments in a public talk, so require little help to respond to a question with simplest answer. The problem is within the difficulty adjustment mechanism, that it happens at every 2016 blocks. In case the hash power will suddenly decrease, the 2016 blocks will take a lot of time to solve, therefor freeze the network in a non-operational way. I know by far this is just a joke, because this is very unlikely to happen anytime (people paid for mining equipment and make money) but for the sake of discussion, let's just assume it 'could' happen. Can this really freeze the network for unlimited time and bitcoin has no mechanism to balance it back? A resourceful party with the intent to attack the network in an irrational way, brings lot of hashing power and keeps it for 2016 blocks, then removes it leaving the other 2016 blocks to solve at very high difficulty but with low hash power in the network causing a 'blackout'? Thank you in advance for your answers. - -- s7r PGP Fingerprint: 7C36 9232 5ABD FB0B 3021 03F1 837F A52C 8126 5B11 -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.22 (MingW32) iQEcBAEBAgAGBQJUFEOHAAoJEIN/pSyBJlsR3OgIAL0fvQ6MoftEdqoMZUHpjdYT bRE6pXY52O5YIznaVljfbtQinApdWQUJ50VpiJd7KX3zOWFeo+KoUHyYlXTwoUEw fK1cbrA5KC8IogHfTCcQxP/lE0mxgCSW3/vQda71IWaOyU4MUT2BSZ/4wwMctI4f 8tNVPPmzPo/wpO0+NOejowsGLmuzfzy0RMwCTXSbhPJuXr3yvdOTjzkfgy4TsJSU K4RmBxqDh6LCrMQTpJfvqCUVEyqckG3AITQ2txdnWiMq1Ep94mvXb2L94Galmz00 yQzvo9F+G9HL0KgBAmZMrlFjsm58YDTblMTRKzBipozfuOk113XUecV+jHBvBrU= =tcCa -----END PGP SIGNATURE----- ------------------------------------------------------------------------------ Want excitement? Manually upgrade your production database. When you want reliability, choose Perforce Perforce version control. Predictably reliable. http://pubads.g.doubleclick.net/gampad/clk?id=157508191&iu=/4140/ostg.clktrk _______________________________________________ bitcoin-list mailing list bitcoin-list@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-list
