I really don't know if this is a good idea. New hashing function implies new ASICs, and the network would be vulnerable to GPU attacks during the transition.
Or this change is planned, and then it leaves plenty of time to have governance issues and social attacks like: "Bitcoin without SHA-256 is not Bitcoin, blah blah blah"
If social attacks mattered, then we wouldn't be here. ;)The current situation is just not sustainable. Having 1-3% of the global SHA256 hashrate is an existential threat.The same with the crippling 1MB limit, it is wise to solve these things before they become a problem. Changing the hash algo should be the #1 focus currently.
Id say many are fearful,scared of change and the risks associated As for merge mining with an old fork,no One of the main reasons Myspace died, Scalability, btc will die eventually too
Yesterday, Kain_niaK said that It's stupid to change it because Roger and a chinese dude will always defend BCH. The stupidity runs so fucking deep, it's lucky I already lost all hope in humanity when BSCore successfully hijacked BTC using retarded narratives and censorship.
If J&R wanted to change the algo for long term safety, they would still have BCH and so would we....as long as devs and community are in general consensus.
It takes a very long time in crypto to understand all the little details, many just dont have the time or desire to put in the effort to keep learning.
The consensus of the retarded pleb is that you are a Core/TPTB minion out to destroy BCH if you even talk about an algo change.Some goes as far as completely denying any of the risks posed by the low relative hashrate.While they downvote you to oblivion....(where did I see that????)
I think merge mining won't float this boat and we should concentrate on breaking free rather than tying ourselves more to the BTC scheme. SHA256 voted already and their vote is BTC.