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1356d · bitcoin cash
Only 2 blocks in 3 hours, then 9 blocks in 15 minutes 📉📈
replied 1356d
This is unfortunately to common. less than 2 blocks over 2 hours.
replied 1356d
It won't change unless the community switches out the hashing algo or magically attracts most of the sha256 hashpower.
replied 1355d
It is possible to keep the SHA256 algorithm, the issue is the difficulty adjustment. Having the minority hash will be a issue in terms of 51% attacks and such no matter the DAA.
replied 1355d
This is incorrect. Trying to deal with the difficulty adjusment algo is basically retardation when a single sha256 miner can disrupt the network easily.

lipstick on a pig.
replied 1356d
Amaury has a fix for that:
Something about
waiting five years for the next 10minute block
replied 1356d
Just curious why does BCH has fewer blocks some days and many more blocks on other days per hour? Does it have to do with DAA or transaction volume?
homopit
replied 1356d
...that's because the DAA is oscillatory and miners are taking advantage of that with switching mining between btc, bch and bsv.
replied 1356d
The transaction volume has no effect since fees are so little compared to the block reward, need full 600MB blocks at 1 sat/byte to get close to the 6.25 BCH fixed reward.
replied 1356d
BCH created a new DAA when it forked from Bitcoin called Emergency Difficulty Adjustment which was supposed to be able to adjust to big changes in hash quickly but it is exploited.
replied 1356d
Now BCHN and ABC are offering their own improvement to change the difficulty. Both are grid-locking over which one gets implemented over the other one.
replied 1356d
Being in BCH is being in eternal conflict, which is better than complete disinterest, it is at least a sign of people caring about it. Do you think a new chain split is possible?
replied 1356d
Amaury is "his way or the highway" with tech proposals. BCH would only benefit from a split if it was minimal damage involved, most people stay on same chain or move to same chain.
replied 1356d
BCH is fucked if a splits into many small niche chains. Ether Amaury stays Emperor or 90% of BCH splits off to new chain to clan-kick him.

Pick lesser of two evils.
replied 1356d
It is because the current Difficulty Adjustment Algorithm is gamed by Miners so that they can mine more BCH for less work. Lower the difficulty, then speed mining, and lowering it agai
replied 1356d
yeah they raise hashrate really high then lower it for about 10 hours. basically switching back and fourth every ~10 hours ect.
homopit
replied 1356d
Yes, that's what is going on. Current DAA is oscillatory in nature and miner are taking advantage of that - mining bch when it's profitable, then switching back to btc.
replied 1356d
Yet most of the retards involved with #BitcoinCash won't even consider changing the hashing algorithm.
replied 1355d
Back around the BCH/BSV split the ABC developer worked on adding a alternative POW-Algo just in case of an attack, but now it seems unthinkable even though hash is lower as a percent.
replied 1355d
Optimally the hashing algo should have been changed right after it became undeniable that sha256 miners favor Blockstream's retarded policies in 2017 q4.
homopit
replied 1356d
Not some days, but some hours. The DAA keep the block production at 144 per day, but it oscillates widely some hours of the day...