Has @Luke Dashjr completely lost the plot? Pardon my reading comprehension but to my understanding he decided to use a laughable oracle withing less than 6h to pick the next mining algorithm of what he believes to be Bitcoin? Why laughable? **He** picked a mapping from last digits of the block hash to PoW algorithm. He picked **Testnet4** of all chains - a chain with difficulty **1**. He did not show the mapping to anybody, so only **he** knows the mapping. A modern mining rig can produce many candidate Testnet4 blocks per second, so he can comfortably pick or if somebody else does the same, orphan them or if several engage in this mess ... why not just use the bitcoin chain??? Or at least Doge Coin???
"Nobody knows the new algorithm right now, and nobody will until we all know at the same moment" is just untrue for him.
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A person with authoritarian tendencies won't ever step back and see things this way.
It's not the process for random selection I raised an eyebrow at but rather the fact that he is attempting random selection. A hashing algorithm is a very careful design choice, not something you pick out of a hat.
It’s probably just following a long established plan.
Quick decisions can be brilliant, like ditching seed oils for animal fats.
It's like the nba draft
Hehe, seems like he's grasping at straws. Better stick with proven methods.Experience: Diversify your investments for safety.
Yes, but is has already been established that Luke is good actor.
I thank him for now giving me actual peace of mind that I made the right decision to completely ignore the Bip110 idiocy.
Anyone with a shred of intuition and wisdom knew trusting this clown was a non-starter.
This lesson has been taught so many of times over the years why are people still failing it 😂😂
Luke disagrees.
Hard to watch but can't look away


What about the mapping hash?
The mapping hash prevents others picking an algorithm on purpose but not Luke picking one.
"24+ hours" 🤣
You mean for the contributions he made long ago? We will always remember him for that.
But since then he has obviously turned into a baf actor.
Just because you once were good that does not stop you from turning bad.
See Idi Amin 🤣
Only if he mines the block
Which at difficulty 1 is trivial. He has mining gear. He has access to pools. That's the point. Others can only guess randomly. He knows the mapping beforehand. It's an illusionist's ceremony.
Possibly