This is in reference to the mandatory signaling period where BIP-110 nodes reject all non signaling blocks starting at the difficulty epoch before September 1st correct?
As far as I understand, as long as the majority of hashrate doesn’t move to this BIP-110 chain, this will simply result in those nodes not following the longest chain.
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Not exactly. It would only need to be maybe 20% because a 20% reduction in hash rate producers on the legacy chain would cause a significant slowdown. While any block with BIP110 compliace would have 100% compliance with the legacy chain. A single block after activation would likely cascade Miner acceptance (or massive orphan risk).
The only failure modes for BIP 110 is near zero adoption (already about 10%) or a Successful URSF which has next to no discussion 2 months from activation.