tldr: The consensus mechanism is fine, the proposal needs improvement @freetrade

bitcoin

tldr: The consensus mechanism is fine, the proposal needs improvement

I've been wrestling with this all day. I had to go all the way back to the Bitcoin whitepaper. >They vote with their CPU power, expressing their acceptance of valid blocks by working @freetrade

I've been wrestling with this all day. I had to go all the way back to the Bitcoin whitepaper. >They vote with their CPU power, expressing their acceptance of valid blocks by working

later. As a miner, I would vote my hashrate against that proposal. Creating a slush fund like that is a good way to waste money in an unaccountable way and will invite waste and @freetrade

later. As a miner, I would vote my hashrate against that proposal. Creating a slush fund like that is a good way to waste money in an unaccountable way and will invite waste and

a needed incentive and it can be enforced with the consensus mechanism. This is Bitcoin working as it should have done from the beginning. As an investor and a developer, I'm glad the @freetrade

a needed incentive and it can be enforced with the consensus mechanism. This is Bitcoin working as it should have done from the beginning. As an investor and a developer, I'm glad the

corruption. I'd be more likely to support a proposal that specifies exactly which projects are to be supported and how the funds will be used in advance. @freetrade

corruption. I'd be more likely to support a proposal that specifies exactly which projects are to be supported and how the funds will be used in advance.

miners have finally picked up their sword. Miners should make a proposal, solicit support for that proposal, gain 51%+ hashrate and enforce the proposal by rejecting invalid @freetrade

miners have finally picked up their sword. Miners should make a proposal, solicit support for that proposal, gain 51%+ hashrate and enforce the proposal by rejecting invalid

blocks. Currently the proposal seems to be: Send 12.5% of all mining subsidies for six months to a HK company controlled by 5 players who'll decide what to do with the funds @freetrade

blocks. Currently the proposal seems to be: Send 12.5% of all mining subsidies for six months to a HK company controlled by 5 players who'll decide what to do with the funds

on extending them and rejecting invalid blocks by refusing to work on them. **Any needed rules and incentives can be enforced with this consensus mechanism.** Funding developers is @freetrade

on extending them and rejecting invalid blocks by refusing to work on them. **Any needed rules and incentives can be enforced with this consensus mechanism.** Funding developers is

Well...yes and no...itll be nice if the price of BCH increased a little bit above 345 to make up for the reward loss...but say popularity looses ground... And and it drops @vidteks

Well...yes and no...itll be nice if the price of BCH increased a little bit above 345 to make up for the reward loss...but say popularity looses ground... And and it drops

🤔 5 of the worlds most signifcant BCH mining pools agree with the proposal @vidteks

🤔 5 of the worlds most signifcant BCH mining pools agree with the proposal