📅 Original date posted:2021-05-14
📝 Original message:Hello,
Bitcoin should create blocks every 10 minutes in average. So why do
miners need to mine the 9 minutes after the last block was found? It's
not necessary.
Problem: How to prevent "pre-mining" in the 9 minutes time window?
Possible ideas for discussion:
- (maybe most difficult) global network timer sending a salted hash time
code after 9 minutes. this enables validation by nodes.
- (easy attempt) mining jobs before 9 minutes have a 10 (or 100 or just
high enough) times higher difficulty. so everyone can mine any time but
before to 9 minutes are up there will be a too high downside. It is more
efficient to wait then paying high bills. The bitcoin will get a "puls".
I dont think I see all problems behind these ideas but if there is a
working solution to do so then the energy fud will find it's end. Saving
energy without loosing rosbustness.
:)
Michael Fuhrmann [ARCHIVE] /
npub1y3…y72g8
2023-06-07 22:53:23
in reply to nevent1q…uqff
Author Public Key
npub1y34ltpgklk0kl9f2fq7vzvur2xsdm95ymv3nj4dwrz5sh2tws80qmy72g8Published at
2023-06-07 22:53:23Event JSON
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"content": "📅 Original date posted:2021-05-14\n📝 Original message:Hello,\n\nBitcoin should create blocks every 10 minutes in average. So why do\nminers need to mine the 9 minutes after the last block was found? It's\nnot necessary.\n\nProblem: How to prevent \"pre-mining\" in the 9 minutes time window?\n\nPossible ideas for discussion:\n\n- (maybe most difficult) global network timer sending a salted hash time\ncode after 9 minutes. this enables validation by nodes.\n\n- (easy attempt) mining jobs before 9 minutes have a 10 (or 100 or just\nhigh enough) times higher difficulty. so everyone can mine any time but\nbefore to 9 minutes are up there will be a too high downside. It is more\nefficient to wait then paying high bills. The bitcoin will get a \"puls\".\n\n\nI dont think I see all problems behind these ideas but if there is a\nworking solution to do so then the energy fud will find it's end. Saving\nenergy without loosing rosbustness.\n\n\n\n:)",
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