6 ms·
False, the difficulty bomb will kill off eth1.
by ThePowerOfDirge 6y ago
False, the difficulty bomb will kill off eth1.
- JumpCrisscross 6y ago> the difficulty bomb will kill off eth1 Wouldn’t it make sense for miners to switch to a new Ethereum chain without the bomb?
- dylkil 6y agoThen they will be on a fork of a fork of a fork (ETC -> ETH -> ETH_POW -> ETH_POW minus Difficulty bomb) who will take this chain seriously
- JumpCrisscross 6y ago> who will take this chain seriously If it has 51% of Ethereum’s current hashpower, somebody. (Ethereum Proof of Stake is the same number of forks away from Ethereum Classic.)
- jkhdigital 6y agoStuff like this is exactly why I have chosen to allocate 0% of my cryptocurrency investments into Ethereum. Such a cluster
- psychiatrist24 6y agoHow would they be on a fork, if the "original" dies because of the difficulty bomb? Since the fork that wasn't bombed would survive, it would be considered the original, wouldn't it? How is it defined? Like somebody releases a new version with the bomb removed. Most miners adapt it. Why is it then a fork? Because the bomb is a major feature? Otherwise, wouldn't ever software upgrade be considered a fork?
- Zetaphor 6y agoIf I understood the conversation from the last dev call correctly, they're talking about combining EIP-1559 and the difficulty bomb fix into the same fork specifically to avoid this
- lupire 6y ago"original" and "fork" have no meaning inside the ETH universe. These terms are used in the outside social milieu.
- gus_massa 6y agoThe Difficulty Bomb has been delayed at least once, so delaying it once again or defusing it, it not unimaginable.
- __tmk__ 6y agoYes, miners can turn off the bomb, but that requires that they coordinate and determine a schedule for the hardfork that turns off the bomb (you need a hardfork to turn it off). This scenario is definitely possible, but it requires a little more work than "one guy keeps running an old eth1 node".
- inter_netuser 6y agoisn't it trivial to patch?