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...
Shouting “coin confiscation” and “chain split/reorganization” is FUD. BIP110 only targets transactions that exploit the protocol turning it into arbitrary non-monetary storage.
In case of a reorganisation it would only reverse transactions that were used exploits to introduce spam.
A bomb sniffing dog is only dangerous to you if you’re carrying a bomb.
You start the post saying that BIP110 has nowhere near consensus, then continue to raise FUD of what could happen if the miners switch to it… so what is it? Is it too weak to do any useful change… or so dangerous that it will break havoc? You cannot have both.
In case of a reorganisation it would only reverse transactions that were used exploits to introduce spam.
A bomb sniffing dog is only dangerous to you if you’re carrying a bomb.
You start the post saying that BIP110 has nowhere near consensus, then continue to raise FUD of what could happen if the miners switch to it… so what is it? Is it too weak to do any useful change… or so dangerous that it will break havoc? You cannot have both.
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