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From: jk_14@op•pl
To: "bitcoin-dev@lists•linuxfoundation.org"
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: [bitcoin-dev] Pseudocode for robust tail emission
Date: Fri, 23 Dec 2022 19:43:36 +0100	[thread overview]
Message-ID: <173552838-a7412589a40ea770709d0b227b056bd3@pmq5v.m5r2.onet> (raw)


Necessary or not - it doesn't hurt to plan the robust model, just in case. The proposal is:

Let every 210,000 the code calculate the average difficulty of 100 last retargets (100 fit well in 210,000 / 2016 = 104.166)
and compare with the maximum of all such values calculated before, every 210,000 blocks:


if average_diff_of_last_100_retargets > maximum_of_all_previous_average_diffs
	do halving
else
	do nothing


This way:

1. system cannot be played
2. only in case of destructive halving: system waits for the recovery of network security


Best Regards
Jaroslaw


             reply	other threads:[~2022-12-23 18:43 UTC|newest]

Thread overview: 16+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2022-12-23 18:43 jk_14 [this message]
2022-12-30 23:28 ` Peter Todd
2023-01-01 12:42   ` Alfie John
2023-01-18 20:58     ` Peter Todd
2022-12-27 15:34 jk_14
2022-12-30 18:20 ` Billy Tetrud
2023-01-01 21:23 jk_14
2023-01-02  4:53 ` Billy Tetrud
2023-01-01 22:27 jk_14
2023-01-02 23:02 jk_14
2023-01-04 16:03 ` Billy Tetrud
2023-01-07 18:52 jk_14
2023-01-07 23:22 ` Eric
2023-01-21 10:20 jk_14
     [not found] <mailman.9.1674388803.14535.bitcoin-dev@lists.linuxfoundation.org>
2023-01-22 14:13 ` John Tromp
2023-02-01 22:04 jk_14

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