Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2011-09-14 🗒️ Summary of this message: Changing block ...
📅 Original date posted:2011-09-14
🗒️ Summary of this message: Changing block timestamp rules could cause a chain split, but enforcing rules to discourage blocks with stale timestamps could prevent cartel manipulation.
📝 Original message:On Wednesday, September 14, 2011 10:45:36 AM Gavin Andresen wrote:
> The block timestamp rules currently give HOURS of wiggle-room for
> timestamps. We can't change those rules without risking a chain split.
And those hours of wiggle-room are not enough to cause a problem.
The problem only comes in (AFAIK) when the existing rules are *not* enforced.
> Assuming a majority of pools/miners adopt the "discourage blocks with
> stale timestamps" rule, that should squash any incentive for cartels
> to try to start playing with difficulty-- you would have to have 50+%
> power to start, or you risk producing mostly orphan blocks.
As this is against pools/miners' interests, and doesn't seem to solve any real
problems, I'm going to discourage its adoption if it ever gets done.
Published at
2023-06-07 02:25:30Event JSON
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"content": "📅 Original date posted:2011-09-14\n🗒️ Summary of this message: Changing block timestamp rules could cause a chain split, but enforcing rules to discourage blocks with stale timestamps could prevent cartel manipulation.\n📝 Original message:On Wednesday, September 14, 2011 10:45:36 AM Gavin Andresen wrote:\n\u003e The block timestamp rules currently give HOURS of wiggle-room for\n\u003e timestamps. We can't change those rules without risking a chain split.\n\nAnd those hours of wiggle-room are not enough to cause a problem.\nThe problem only comes in (AFAIK) when the existing rules are *not* enforced.\n\n\u003e Assuming a majority of pools/miners adopt the \"discourage blocks with\n\u003e stale timestamps\" rule, that should squash any incentive for cartels\n\u003e to try to start playing with difficulty-- you would have to have 50+%\n\u003e power to start, or you risk producing mostly orphan blocks.\n\nAs this is against pools/miners' interests, and doesn't seem to solve any real \nproblems, I'm going to discourage its adoption if it ever gets done.",
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