kc's avatar
kc kc@nostrplebs.com 1 week ago
Does this mean that BIP-110 will be a shorter chain and the “Original” bitcoin will keep on chugging along? Or is it the fear that BIP-110 will be the longest chain? I thought the initial intent of all of this was to figure out a way to reduce data? Who has a better plan than what is already out there? It doesn’t seem like anyone. Can we find a solution to make it attractive for Bitcoin transactions to be the dominant type of transactions and not anything else? #runbip110 #bitcoin #mynodemyrules
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Replies (4)

kc's avatar
kc kc@nostrplebs.com 1 week ago
You are talking about BIP-110 again. I am asking about reducing the incentive on the blockchain to use it for anything but money. OK, let’s all agree…. BIP-110 is not the 100% way to fix what is going on, but it is the only solution that I have heard so far. So I am in for it. #runbip110 My question stands. Who is doing something about the Bitcoin Network besides the BIP-110 crew? NO-ONE correct?
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kc's avatar
kc kc@nostrplebs.com 1 week ago
My point is… when someone has a better solution then BIP-110 won’t be needed. BTW BIP-110 is temporary. So there is a chance to help with a good solution no?
Bill Cypher's avatar
Bill Cypher bill@nostrplebs.com 1 week ago
110 can't be longer by definition. It rejects blocks that core accepts. So unless they have a majority of hashrate significant enough to overcome rejected blocks making them shorter, it can't be longer. Current generous estimates are they have 2% of hash.
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