Re: [bitcoindev] The Future of Bitcoin Testnet

[Andrew Poelstra <apoelstra@wpsoftware.net>]

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On Mon, Apr 01, 2024 at 01:37:59PM +0000, Pieter Wuille wrote:
> 
> As for using other measures to prevent too large difficulty variations... I'm not sure that's desirable, because it always cuts both ways (nicely demonstrated by the "allow difficulty 1 rule" on testnet3 backfiring and enabling block storms!). For applications that actually need very predictable block rate, there is signet. For others, just the normal mainnet rules are probably not too terrible. I would be ok with having a somewhat reduced block interval (say a few days instead of 2 weeks) if that's not deemed to complex to implement across the ecosystem, but I don't think it's that important.
>

I really like this. For my part (rust-bitcoin) this would be as simple
as adding an extra parameter to my blockparams structure. Possibly one
already exists, I'd have to check.

This would be much easier than the existing situation where we have
special-case logic for testnet the difficulty-1 target.

It would also limit the amount of bikeshedding possible, since there
aren't too many conflicting goals regarding the retargeting window...
unlike tweaking the existing logic where there's a tradeoff between
"we should make this never happen" and "it should happen often enough
that it doesn't break people's code" and "it should happen if blocks
slow down to like, 1/50th their normal rate even if they are still
technically being produced" and "it shouldn't be possible to trigger
it within the 2-hour timestamp-faking window" etc. And questions
about whether we should fix/redesign the interaction between the reset
rule and the normal difficulty retarget.


OTOH, since we already have the special logic, I'd also be happy with
tweaking the existing rule. My specific proposal (after reading Jameson's
post, which has some nice graphs of difficulty) would be

* increase the reset threshold from 20 minutes to 6 hours, which is
  (a) well outside the 2-hour window in which miners can easily fake
  timestamps, and (b) will basically never be hit by accident
* increase the reset difficulty from 1 to 1MM, which is an rough lower
  bound on the "normal" testnet difficulty seen historically

Which puts us in the "this rule would never be triggered unless
literally everyone stopped mining" corner of the design space.


-- 
Andrew Poelstra
Director of Research, Blockstream
Email: apoelstra at wpsoftware.net
Web:   https://www.wpsoftware.net/andrew

The sun is always shining in space
    -Justin Lewis-Webster

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