Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
by
tekmobile
on 15/10/2017, 00:55:49 UTC
There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.


You seem to be under the impression , that your imagination gets to set the standard for the block times. You Don't.

The Block Time is set by the miners and the EDA makes certain, their greed does not freeze the coin network.
It recognizes miners are profit based, and does not pretend their coin is a religion like segcrap.
So until things stabilize , sometimes it runs faster than normal , other times maybe only 1 or 2 per hour.
But here is the rub, one 8MB bitcoin cash block per hour still exceeds the segwit 1mb coin 6 blocks per hour standard transaction capacity.

No changes required, don't like the EDA , then over paid to use segshit coin, I don't care if you like throwing your money away.
But I am more frugal with mine and won't waste it.

EDA works, which will become even more apparent in Dec.


╥Aztek

My other solutions would have worked much better. If Bitcoin Cash went with Digishield or Dark Gravity Wave, Bitcoin Cash would have already had a nice stable network with many happy, devoted miners plugging away.


EDA is easier to predict since it cover a larger group of blocks.
Your above picks reset the difficulty per block and would make the system even more erratic and less consistent / predictable.

Lets be honest the only ones frighten of the EDA are segshit supporters, as it means miners quit supporting their false religion segcrapcoin and mine for profit.

Funny , how everyone wants Bitcoin Cash to change their design , and no one seems to care shitwigcoin has Zero protections from a difficulty induced death spiral.

Bitcoin Cash the Real Bitcoin is fine, no changes to the EDA are needed.  The same cannot be said for shitwigcoin and the death spiral vulnerability they refuse to fix.


╥Aztek


https://news.bitcoin.com/the-bitcoin-cash-community-debates-future-difficulty-adjustments/


Quote
However, the BCH community and the project’s developers are in the midst of a debate regarding removing the Emergency Difficulty Adjustment (EDA),


Quote
One solution is completely removing the EDA and letting BCH deal with the legacy BTC adjustment period; which has worked for bitcoin throughout the years.  Zander emphasizes, “the BTC chain is not really hurting from BCHs existence — The algorithm works, and eventually we should revert to that — It’s not broken, so why fix it?” However, the Bitcoin Classic developer understands that some people think the EDA is necessary and if that’s the case, Zander believes, “we need to fix it if we want to keep it — the current situation is very damaging