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I am in favor of a more gradual (longer) period and a softforking
solution... that is, more than 30 days of grace period (some period
between 60 days and a year), ...
... and given the number of valid softforking proposals out there it
seems to me
I think your hardfork bit proposal is clever.
It addresses the particular valid concern of re-org facing users of a
fork that a small/near/fluctuating majority, or less, of mining power
supported.
While the economic majority argument may be enough on its own in
that case, it still has some aspect
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+1 on every point, sipa
On 08/02/2015 05:32 PM, Pieter Wuille via bitcoin-dev wrote:
2. Starting date: 30 days after 75% miner support, but not
before 2016-01-12 00:00 UTC
Rationale: A 30-day grace period is given to make sure
everyone has
2. Starting date: 30 days after 75% miner support, but not before
2016-01-12 00:00 UTC
Rationale: A 30-day grace period is given to make sure everyone has
enough time to follow. This is a compromise between 14 day in BIP101
and 1 year in BIP103. I tend to agree with BIP101. Even 1 year is
China is a communist country. It is no secret that all capitalist
enterprises are essentially State controlled, or at the very least are
subject to nationalization should the State deem it necessary. Most ASIC
chips are manufactured in China, so they are cheap and accessible to
Chinese miners.
It will help to assume that there is at least one group of evil people who
are investing in Bitcon's demise. Not because there are, but because there
might be. So let's assume they are making a set of a billion transactions,
or a trillion, and maintaining currently-being-legitimately-used
On Thu, Jul 30, 2015 at 12:20:30PM -0400, Gavin Andresen wrote:
On Thu, Jul 30, 2015 at 10:25 AM, Pieter Wuille via bitcoin-dev
Some things are not included yet, such as a testnet whose size runs ahead
of the main chain, and the inclusion of Gavin's more accurate sigop
checking after the
Dear Jim,
Thank you for sharing your view w.r.t. the so called 'Chinese Miners'.
Diversity of opinion, and mining, are IMHO both good and it's indeed a
free world so others who wish to mine bitcoin should be encouraged to
make the capital and technical investments to do so.
May I ask what
