Posted by Garlo Nicon
May 9, 2025/13:07 UTC
The discussion revolves around the innovative approach of using a "ninja-mine" technique as opposed to traditional premining methods for Bitcoin testnet development. This novel strategy involves setting the initial difficulty level to 1, which is significantly easy for ASIC miners to handle, thereby allowing the rapid generation of a preliminary blockchain that could span from 2009 to 2025, mimicking the block production rate of the mainnet. The ease of mining at difficulty 1, coupled with the deployment of fake timestamps, facilitates the creation of this extensive initial chain.
Furthermore, the proposed method suggests a transition where, after establishing a lengthy initial chain through the mentioned means, real timestamps are introduced alongside an increase in mining difficulty to standard levels. This approach essentially circumvents the need for a hard fork by incorporating soft-forked differences, such as adjusting block intervals to the conventional 10 minutes, thus seamlessly transitioning into a more secure and realistic blockchain state without altering the coin's limit or engaging in extensive code modifications.
The concept also includes the strategic placement of a "genesis" block at a specific height (for example, block 900,000) within this artificially created chain. This block would contain a unique coinbase message and be timestamped with a hash from the mainnet, serving as a pivotal checkpoint. This technique, termed "ninja-mining," is highlighted as superior to premining because it requires minimal changes to the existing codebase and leverages the flexibility of introducing checkpoints at desired junctures within the blockchain, thus achieving similar objectives without the complexities and ethical concerns associated with premining practices.
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