Quote from: calian on March 04, 2014, 11:17:14 AM

I suggest that efforts get underway now to integrate the Kimoto Gravity Well in bitcoin before it is needed.

Totally agree on that.

Quote from: DeathAndTaxes on March 05, 2014, 11:11:32 PM

The only scenario where a change in the difficulty function would be of any value, is a scenario where Bitcoin is likely dead anyways. If the hashrate drops 80%+ in a two week period there probably is a larger macro economic reason, one that can't be solved by simply adjusting the difficulty faster.

No one except pools and old miners know how solo mining works or know how to setup solo mining. Scenario where major pools go down for days or
more and remaining pools can not accept all miners coming from major pools is possible. If that happens and majority of miners fail to switch to solo
mining or join some other pools then we would have a situation where KGW implemented ahead of such event would be absolutely welcomed. You
may think that helping 51% attack on network is worse than having network "paused" potentially for days or weeks but I disagree on that. One can
easily combat 51% attack by increasing number of confirmations but "pause mode" can not be fixed easily and fast, as proven so many times with
many altcoins.

In other words, by not having ready a solution for prolonged major hashrate drop you people are working toward scenario where Bitcoin is likely dead.

It all works both ways. If someone adds 100% hashrate at time when difficulty retarget happened he will increase inflation by 100% for next 2016
blocks and coupled with a chance to 51% network to extreme at any moment all that would surely impact the price negatively. KGW would fix the
issue in like dozen of blocks.

Quote from: DeathAndTaxes on March 05, 2014, 11:11:32 PM

You are proposing a hard fork on a core element of the protocol for something which isn't required. The chance of it happening is ~0%.

Ehhh ...

Quote from: gmaxwell on March 05, 2014, 10:58:00 PM

When you do not use the search function you risk having an uninformed discussion because the more expert people have gotten tired of rehashing the same subjects over and over again for years.

It will be fun to watch them combat the shit once it happens.