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btcdrak/bip-cbbsra.mediawiki

Last active July 2, 2021 21:16
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@btcdrak
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btcdrak commented Aug 28, 2015

@rubensayshi Ensures most of the mining power is on the same page regarding blocksize.

@mmeijeri
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How does having to cast a vote first help? Wouldn't they simply set all their votes to the maximum value?

Some votes will get a lucky hash, some will be unlucky.

Wouldn't 90% of them be lucky hashes?

@maaku
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maaku commented Aug 28, 2015

@mmeijeri they are paying for voting up by giving up subsidy. See this writeup for details:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-May/008017.html

@btcdrak
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btcdrak commented Aug 28, 2015

OK I've reworked quite a bit of the text and reduced complexity, and saved some bytes in the coinbase field. I'm going to transfer this over to my bips fork and open a pull request.

@btcdrak
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btcdrak commented Aug 28, 2015

Moved to https://github.com/bitcoin/bips/blob/master/bip-0105.mediawiki

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