416 sats \ 1 reply \ @jk_14 6 Sep 2023 \ parent \ on: Tail Emissions Are A Terrible Idea bitcoin
The network destruction is convincing situation, am I right
If we would have four years long network difficulty regression - then it's emergency, and new code handling such danger - should delay halving to the next halving, until difficulty will recover
if there is no such emergency situation - there is no trigger, and old and new code would work together like a charm = so there is no hard fork at all
beautiful solution, imo :)
Some recent mining difficulty worth considering.
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368.
Bitcoin Miners See Relief With 2.65% Difficulty Drop and Rising Hash Price
As of Tuesday evening, bitcoin (BTC) miners are finding the going a tad smoother. The network’s mining difficulty decreased by 2.65% on Tuesday evening at block height 806,400. This adjustment comes after the difficulty peaked at an impressive 55.62 trillion, holding steady for 2,016 blocks, or roughly two weeks.
Jamie Redman, Bitcoin.com
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