From: Chaofan Li <li3939108@gmail.com>
To: bitcoin-dev@lists.linuxfoundation.org
Subject: Re: [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li)
Date: Mon, 22 Jan 2018 18:38:10 -0600 [thread overview]
Message-ID: <CANZDnNoGnab6HYESA0oOL-8Q8HtR1Ns0AfP3KNEmwU6KN5W5pA@mail.gmail.com> (raw)
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Miners are most likely to be equally distributed between the two almost
same chains.
If one chain is faster, according to the difficulty adjustment scheme, it
will become more difficult to mine.
The two chain should have similar chain generation rates with similar
difficulty and similar length.
or the miners will be attracted to the chain easier to mine,
and more miners will make the chain generation rate increase and then,
after difficulty adjustment, harder to mine.
Equilibrium will be achieved.
All the above are based on one assumption: the two chains have the same
value initially or miners believe they will have the same value finally.
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next reply other threads:[~2018-01-23 0:38 UTC|newest]
Thread overview: 8+ messages / expand[flat|nested] mbox.gz Atom feed top
2018-01-23 0:38 Chaofan Li [this message]
2018-01-23 4:57 ` [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li) Eric Voskuil
2018-01-23 5:47 ` Chaofan Li
2018-01-30 5:32 ` ZmnSCPxj
2018-01-30 6:20 ` Chaofan Li
[not found] <CALTsm7iyJjQa5rkddZj2jL_BTdGxH+6Xz78Rt0wOqW1OveecHw@mail.gmail.com>
[not found] ` <CALTsm7gQC8RejAhmobzejEoU4T7xLf77Ykk2m0p=Z2=oM2p0Uw@mail.gmail.com>
2018-01-22 19:01 ` Ilan Oh
2018-01-22 19:59 ` Mark Friedenbach
2018-01-22 22:52 ` Eric Voskuil
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