3 ms·
> and original vision Where in the original white-paper is the emergency difficulty adjustment? https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustm
by Frogolocalypse 9y ago
> and original vision
Where in the original white-paper is the emergency difficulty adjustment?
https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjust...
> peer-to-peer
If you don't run a node, or you can't run a node because of resource requirements, you're not a peer.
- CryptoPunk 9y agoThe specifics of the difficulty adjustment algorithm are not critical to the original vision, but way to deflect (from the original scaling plan) to a different point. >>If you don't run a node, or you can't run a node because of resource requirements, you're not a peer. We had this discussion before: https://news.ycombinator.com/item?id=15883911 https://news.ycombinator.com/item?id=15883911
- Frogolocalypse 9y ago> not critical to the original vision riiiiiiiiight.
- nicky0 9y agoActually the white paper does not specify the details of the algorithm anyway.
- pmorici 9y agoIt currently costs less to run a node per month than it does to do three transactions on the blockchain in the same period. Why would anyone care to run a node if the transactions aren't affordable.
- Frogolocalypse 9y agoIf the blocksize was increased to double its current resource requirements, where i live in Australia, it would be impossible to run a node at any price. And because the people who run nodes know this, they reject your proposals that reduce bitcoin network security.
- pmorici 9y agoYou don't need to run a node unless you are a miner you should be using an SPV wallet. Chances are you already do.