Damus

Recent Notes

DeWe · 14w
The BIP-444 soft fork proposal is designed as a temporary one-year measure to restrict arbitrary data in Bitcoin transactions, aiming to address legal and spam concerns related to on-chain data. This means the soft fork chain created by BIP-444 could be the "lightest" (i.e., the active or preferred ...
DeWe · 14w
Analysis of the Game Theory Behind the BIP-444 Proposal Boost it if you like it https://image.nostr.build/f40033d43602668755dc396cc56f45038c7b0170f50e8e60d87bdfb01bdb6b94.jpg #Bitcoin #BIP444 #Cor...
Melchior profile picture
Through my rough research with grok. The battle time in which this game theory works is 750 blocks. Than its decided for all the bitcoincore-nodes. They will start to discard orphan blocks. Because according to their rules the summ of all orphanblocks is limited to 750 blocks(since2014). When that is reached this nodes will start discard blocks out of the orphan block space.


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DeWe · 14w
You're partly correct – the limit of 750 orphan blocks has existed in Bitcoin Core since 2014, and it's indeed designed to prevent excessive storage usage. However, this limit does not determine the length of a chain battle (fork). Here's what happens during a fork (chain battle), and how it diff...
Melchior · 14w
Thank you for your answer and clarification. I will doublecheck that. Have you estimation how long Bip 444 fork chain can be the lightest one?
note1c0ggf...
Melchior profile picture
If you run your your own node and open a channel to a big routing node. They will take fees from your payment if it routs through them.
But you are in the worstcase always in control of the bitcoin on your side. This is a great difference to the legacy bank system. You can profit from your taken Responsibilty.