There's some interesting analysis floating around regarding the effect EDA (Emergency Difficulty Adjustment) will have on BCH ongoing. The ability of miners to periodically accelerate block creation will result in premature reward halving.
If things stay as is, there will be
two BCH halvings by early 2019 (compared to one for Bitcoin in 2020). That means the BCH block reward could fall to 3.125 in a little over a year.
While the miners force cycle the difficulty, BCH goes through periods of extremely slow blocks followed by periods of ridiculously fast blocks. How can there be any economic support for a blockchain that goes through regular drought cycles where transactions take hours to confirm?
So if BCH has a dramatic reduction of block rewards and there's no significant increase in fees due to lack of economic support, the coin is basically dead. Miners will cycle it into oblivion until there's no value left to extract.
In the meantime those large blocks go largely empty, with the only transactions used to transfer BCH from the miners to the bag holders who have been conned into believing in this failed experiment.
I can't imagine that the BCH devs can leave things as-is. They're probably going to have to remove EDA. Assuming Bitmain allows it
And on the other end by dropping btc as low as 4200p vs 6600p for 2 to 3 days each jump.
btc diff could be flat or neg for the next 5 or 6 jumps.
if coin stays at 4000 plus and diff does -2 % 6 jumps in a row it is a big windfall for btc miners.
not sure what is going to happen to btc's price if it is manipulated this way for the next 5 to 6 jumps.
This would be a fun diff game if I had a good tracker service.
I will suspend the game this jump.
these are active trackers:
https://data.bitcoinity.org/bitcoin/difficulty/5y?t=lhttp://bitcointicker.co/networkstats/https://pool.viabtc.com/these seem dead:
https://bitcoinwisdom.com/bitcoin/difficultyhttps://bitcoincharts.com/and manual can be done via
https://blockchain.info/block 482365 8-28-2017 15:20:29 = current
block 481824 8-24-2017 01:57:37 = start
so 541 blocks in 4 days and 14 hours is about 110 hours x 6 = 660
541 vs 660 = 81.9 % or a 18.1 % drop which can move with ease by the hash shifting from btc to bcc
perhaps if bitmain keeps cranking out miners as they have been hashrate won't keep dropping... I just hope the EDA is fixed so this sloshing in hashpower stops. Bad for both chains.
