Mar 9 - Mar 9, 2024
It emphasizes the unique position of BTC during the fork wars, where the introduction of BTC futures at Bitfinex played a crucial role in forecasting the economic viability of each fork. This event significantly influenced miners' decisions regarding which fork to support.
A proposed strategy for providing a more direct on-chain signal to miners involves offering them incentives. Specifically, the suggestion is to bribe miners with attractive fees enclosed in transactions. These transactions would be uniquely designed to be valid only on one side of the fork, thereby offering a clear incentive for miners to choose one path over another. This method aims at directly impacting miners' choices by leveraging economic incentives, contrasting with the indirect influence of market bets or the selling of BTC.
Thread Summary (0 replies)
Mar 9 - Mar 9, 2024
1 messages
TLDR
We’ll email you summaries of the latest discussions from high signal bitcoin sources, like bitcoin-dev, lightning-dev, and Delving Bitcoin.
We'd love to hear your feedback on this project.
Give Feedback