> ZmnSCPxj wrote
>> Mining infrastructure follows price.
Ilansky wrote:
> In the case of bitcoin, it is the price that follows mining infrastructures.
I generally agree with ZmnSCPxj that
good ideas => good devs => hodlers => price => mining
Except that each step is not an absolute, and can be
s a counterparty
> risk involved. The coin works, and in general there is usually very little
> need to fix it, especially using dangerous hardforks.
>
> >Devs need to strive for an expansion of the coin
> >quantity to keep value constant which is the foundation of the 5
>
Yes, the current price ratio indicates there is no need for a new
difficulty algorithm. I do not desire to fork before a disaster, or to
otherwise employ a new difficulty before a fork is otherwise needed.
A 2-week delay in difficulty response is a 2 week error in
measurement. Slow response
Good morning,
>ZmnSCPxj wrote:
>> Thus even if the unwanted chain provides 2 tokens as fee per block,
>> whereas the wanted chain provides 1 token as fee per block, if the
>> unwanted chain tokens are valued at 1/4 the wanted chain tokens, miners
>> will still prefer the wanted chain regardless.
