Author: Luke Dashjr 2016-03-02 14:56:14
Published on: 2016-03-02T14:56:14+00:00
The upcoming subsidy halving in July has raised concerns that a significant number of miners could drop off the network, leading to a longer block interval and a higher per-block transaction volume. This could cause the block size limit to be hit sooner than expected. To alleviate this risk, a hardfork to the difficulty adjustment algorithm has been proposed so it can adapt quicker to such a significant drop in mining rate. BtcDrak has well-tested code for this in his altcoin, which could be ready in time to be deployed alongside SegWit. If not, it may be reasonable to push for at least code-readiness before July. The proposal is not expected to be controversial, and other ideas or concerns are welcome.
Updated on: 2023-06-11T04:15:11.521289+00:00