EDA is a threat not only to bitcoin, but also bitcoin cash itself. what cryptocurrency creates financial incentive for miners not to mine lol is this proof of not work currency
I'd like to hear Roger Vers opinion on eda. I heard him saying he has some concerns over eda.
and its not an eda as in adjustment anyway, there is no emergency diff increase to save bch from inflation, only emergency diff reduction
maybe if bch ever gets decentralized enough to stop eda abuse it will stop. maybe
I honestly cannot tell if it was designed to work this way or just a huge glaring oversight due to being rushed and no testing
When you are dealing with billions of dollars worth of people's money you cannot afford for there to be ANY problems core may get some flak for slower releases but at least I can be confident any changes are tested 110% that it's faultless in its intended use and that it has also been rigorously tested in ways it wasn't supposed to be used because in a decentralised network once a crippling bug is discovered it may be impossible to remove without hard forking and core understand this
That you cannot tell is, telling.
I have no doubt this is working as intended, to suggest otherwise means they are just really lucky, I think not.
Here tek goes again with the EDA FUDing. The truth is that diff adjustments in BTC are fatally flawed. The Segwit coin is susceptible to a coin death spiral, which occurs if mining power decreases rapidly for some reason (like, say, China raiding and shutting down mining facilities... just sayin'). If diff doesn't adjust soon enough, as a result there can be no blocks mined for up to a month. This means no transactions can happen and the coin value drops off a cliff. This hasn't happened, but it could.
BCH tries to mitigate this problem by having emergency diff adjustments if hashpower really drops. Obviously the BCH coin has more hashpower than anticipated, so prices and mining are up and down a bit. Nonetheless, BCH is NOT susceptible to the death spiral phenomenon.
As far as "gaming the system", that's what miners do at all times with every coin - that's their economic incentive, and they would be foolish not to! Even if the coinbase issuance is not completely linear, what is the consequence?
