Damus
Chad Lupkes · 4w
The miner test failed, looks like. The node test doesn't happen until August. I'm not really paying close attention, I'm too focused on building.
nostrich profile picture
Mandatory signaling by miners isn’t required until after block 961,632 and that’s expected to be around a week into August. That’s when the game theory accelerates. For example, a mining pool could choose to back a BIP-110 chain-split to grab the block rewards earned by their competitors on the non-BIP-110 chain. All nodes will accept the BIP-110 chain if it’s the longest chain (because it’s a soft fork).
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nostrich · 3w
And…. no miner knows if a shady competitor has been doing that in the background ready to broadcast a longer BIP-110 chain that gives them all the block rewards the other miners thought they had already earned (miners can’t spend block rewards for 100 blocks which is about 15 hours). Plus, it...