ODELL
· 4d
since bip110 has nowhere near consensus it will result in a chain split when they activate
the main chain will have blocks mined significantly faster than the bip110 chain
if miners switch to bip110...
So better for miners to switch sooner rather than later in order to avoid chain split.
Also if minority hash on BIP-110, fees on that chain are going to skyrocket due to slowly generating blocks so mining on it could actually become more profitable than mining on legacy chain. If hashrate migrates to BIP-110 chain due to higher profitability, price of that coin could continue to rise together with block rewards, creating positive feedback loop.
❤️3