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From: Henning Kopp <henning.kopp@uni-ulm.de>
To: Jannes Faber <jannes.faber@gmail.com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Making AsicBoost irrelevant
Date: Wed, 11 May 2016 12:36:01 +0200	[thread overview]
Message-ID: <20160511103601.GC2439@banane.informatik.uni-ulm.de> (raw)
In-Reply-To: <CABeL=0iSvOTqQ-JRuhQfc7spKaXi1eBMMm0D-ahVm3GwztQQ_w@mail.gmail.com>

On Wed, May 11, 2016 at 11:21:10AM +0200, Jannes Faber via bitcoin-dev wrote:
> On 11 May 2016 at 05:14, Timo Hanke via bitcoin-dev <
> bitcoin-dev@lists.linuxfoundation.org> wrote:
> 
> > There is no way to tell from a block if it was mined with AsicBoost or
> > not. So you don’t know what percentage of the hashrate uses AsicBoost at
> > any point in time. How can you risk forking that percentage out? Note that
> > this would be a GUARANTEED chain fork. Meaning that after you change the
> > block mining algorithm some percentage of hardware will no longer be able
> > to produce valid blocks. That hardware cannot “switch over” to the majority
> > chain even if it wanted to. Hence you are guaranteed to have two
> > co-existing bitcoin blockchains afterwards.
> >
> > Again: this is unlike the hypothetical persistence of two chains after a
> > hardfork that is only contentious but doesn’t change the mining algorithm,
> > the kind of hardfork you are proposing would guarantee the persistence of
> > two chains.
> >
> 
> Assuming AsicBoost miners are in the minority, their chain will constantly
> get overtaken. So it will not be one endless hard fork as you claim, but
> rather AsicBoost blocks will continue to be ignored (orphaned) until they
> stop making them.

At least until a difficulty adjustment on the AsicBoost chain takes
place. From that point on, both chains, the AsicBoost one and the
forked one will grow approximately at the same speed.

All the best
Henning


-- 
Henning Kopp
Institute of Distributed Systems
Ulm University, Germany

Office: O27 - 3402
Phone: +49 731 50-24138
Web: http://www.uni-ulm.de/in/vs/~kopp


  reply	other threads:[~2016-05-11 10:36 UTC|newest]

Thread overview: 39+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2016-05-10 18:57 [bitcoin-dev] Making AsicBoost irrelevant Peter Todd
2016-05-10 20:27 ` Tier Nolan
2016-05-10 21:35   ` Matt Corallo
2016-05-10 21:43   ` Sergio Demian Lerner
2016-05-10 22:59     ` Matt Corallo
2016-05-11 12:20     ` Sergio Demian Lerner
2016-05-11 13:08       ` Marek Palatinus
2016-05-11 21:01         ` Matt Corallo
2016-05-11 22:16           ` Simon Liu
2016-05-11 22:50             ` Peter Todd
2016-05-11 14:28       ` Luke Dashjr
2016-05-11 16:24         ` Timo Hanke
2016-05-11 18:28           ` Timo Hanke
2016-05-11 22:49             ` Timo Hanke
2016-05-12  2:27     ` Tom Harding
2016-05-12  2:31       ` Allen Piscitello
2016-05-12  2:33       ` Peter Todd
2016-05-12  4:01         ` Tom Harding
2016-05-10 21:49 ` Marco Pontello
2016-05-10 22:17 ` Sergio Demian Lerner
2016-05-10 22:27   ` Chris Riley
2016-05-11  3:14 ` Timo Hanke
2016-05-11  9:21   ` Jannes Faber
2016-05-11 10:36     ` Henning Kopp [this message]
2016-05-11 10:47       ` Jannes Faber
2016-05-11 22:42         ` Timo Hanke
2016-05-11 22:58           ` Gregory Maxwell
2016-05-12  7:29             ` Tom
2016-05-12 11:05           ` Jorge Timón
2016-05-11 14:07   ` Jorge Timón
2016-05-11 14:18     ` Sergio Demian Lerner
2016-05-11 14:30       ` Jannes Faber
2016-05-11 20:50   ` Matt Corallo
2016-05-11 22:00     ` James Hilliard
2016-05-11 23:01   ` Peter Todd
2016-05-12  0:02     ` Gregory Maxwell
2016-05-12  1:23       ` Russell O'Connor
2016-05-12  1:58         ` Peter Todd
2016-05-12  1:58         ` Matt Corallo

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