Damus
unSATiated · 3w
Regarding the "nothing to lose" part: wouldn't they be wasting resources mining only BIP110 compliant blocks and ignoring invalid ones, when the majority of miners will mine the BIP110-invalid blocks,...
Tauri BIP110 profile picture
As I said, it’s a classic prisoner’s dilemma. If say 10% of the global hash pivots to BIP-110 tomorrow, there’s a 99% chance the rest will pivot immediately after. Currently there’s no penalty for doing this which is why only the ideological miners signal at this point. This will change in early August and we have a proven case study from SegWit.
unSATiated · 3w
I'm still missing *why* they would act that way, but it seems like nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpr4mhxue69uhksmm5wf5kw6r5dehhwtnwdaehgu339e3k7mf0qys8wumn8ghj7mrfvfex2un9d3shjtnpv9ex7mnfw4kkj6fwvdhk6tcf7h34j just posted a video to explain it. Maybe it'll help ...