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PoS pre-consensus, really? is this still bitcoin?...
replied · 158d
It is China-Coin.
replied · 158d
No. Sell for BSV while cheap
replied · 159d
The Ava coin using the same Avalanche consensus mechanism uses PoS as sybil protection (essentially ensures everyone votes once), but the suggestion is that BCH simply use PoW here.
replied · 159d
Of course, is just a client policy, like the "first seen" rule. Miners are not enforced to follow it.
replied · 158d
But how is wormhole going to take advantage ??? must be just a temporary [policy until it is mandatory
replied · 158d
There's no need to make it mandatory is majority of miners decide to enforce it.
replied · 158d
That's weird, what do you even mean by majority ? Remember, miners come and go
replied · 158d
In the case of Avalanche, miners which mine the last 100 blocks.
replied · 158d
The number 100 is used just as an example. The exact number, or some other selection mechanism, is still to be decided on.
replied · 158d
Thanks for the clarification.
replied · 159d
But what's the point if they don't follow ? It'll be considered as an attack so they'll have to follow that rule too
replied · 158d
If the majority of miners enforce Avalanche, blocks containing DS can be orphaned. The same happens now with first seen rule, but this is less reliable due to mempool partition.
replied · 159d
Avalanche can be a soft fork rule. If enforced with majority of miners, blocks breaking established pre-consensus will be orphaned. It could also be soft-soft fork ;) (no orphaning)
replied · 158d
No.
replied · 158d
devs are a cancer to the community. Want to change Bitcoin? Go create your own coin
replied · 159d
The implementation of the Avalanche consensus model being discussed for use as a BCH pre-consensus mechanism does not rely on proof of stake...