Post
Topic
Board Mining
Merits 4 from 1 user
Re: Testnet4 Mining (Discussion)
by
mikeywith
on 28/03/2025, 02:37:46 UTC
⭐ Merited by LoyceV (4)
In my proposal, the difficulty keeps halving every 20 minutes without blocks. So it wouldn't take that long.

How do you propose on doing this in a decentralised ecosystem where there is no centralization "clock" that keeps records of the events, anything you build on needs to be a proved by work, it needs to be a part of the blockchain, otherwise I can just run dozen nodes and set time in the future and claim all of them took 20 mins to mine.



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I'm still amazed how much money is spent on testnet.

There exist people who can afford thousend bucks or so a month just to mess with things like testnet, I am also sure that 1ph was only sustained because someone else joined the show, when they leave, the abuser would be able to do it with $5-10 a day.

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That's going to be fun: the block reward would drop to zero even before the first difficulty adjustment, which would take only seconds at difficulty 1.

Not an issue since halvings are done on block count not time, if someone manages to hit 10 blocks in 5 seconds, that will be a halving, obviouslly, for a 1k max block you are going to need to adjust the rules of difficulty adjustments, maybe 2 blocks, I am just throwing random numbers here, but I suppose the concept is clear.