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Topic: Is it possible to generate a consensus algorithm using machine learning? - page 2. (Read 435 times)

legendary
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Using a hard fork (as mentioned in ETFbitcoin's brackets).

So it's not impossible, but very hard and risky, depending on the size and activity of the network (both from a technical and a social point of view, ie. the larger the community the harder it is to consent on upgrades via hard fork).

Can anyone hard fork the network? Or you need certain requirements to do it?

Anyone can. Which is why we got this clusterfuck of Bitcoin hard forks after Bitcoin Cash caused a Bitcoin hard fork hype:

https://bitcointalksearch.org/topic/descending-family-tree-of-bitcoin-2597083

Ethereum Classic also forked off Ethereum without requiring any "permissions" -- that's the beauty of an open system like cryptocurrencies.

(sidenote: Technically Ethereum forked off, with Ethereum Classic following the original blockchain while Ethereum reverted the transactions caused by the DAO attack)

Whether your hard fork would be successful is a different question however.
jr. member
Activity: 33
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Using a hard fork (as mentioned in ETFbitcoin's brackets).

So it's not impossible, but very hard and risky, depending on the size and activity of the network (both from a technical and a social point of view, ie. the larger the community the harder it is to consent on upgrades via hard fork).

Can anyone hard fork the network? Or you need certain requirements to do it?
legendary
Activity: 3122
Merit: 2178
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What i meant was it's possible to combine multiple consensus algorithm before the cryptocurrency is released, but it's not possible to add/remove consensus method on running network (at least without hard-fork)

But Vitalik is incorporating a new consensus algorithm right? So he's actually changing the consensus algorithm on a running network right?

Using a hard fork (as mentioned in ETFbitcoin's brackets).

So it's not impossible, but very hard and risky, depending on the size and activity of the network (both from a technical and a social point of view, ie. the larger the community the harder it is to consent on upgrades via hard fork).
jr. member
Activity: 33
Merit: 3

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What i meant was it's possible to combine multiple consensus algorithm before the cryptocurrency is released, but it's not possible to add/remove consensus method on running network (at least without hard-fork)

But Vitalik is incorporating a new consensus algorithm right? So he's actually changing the consensus algorithm on a running network right?
jr. member
Activity: 33
Merit: 3
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Most hard-fork/chain-split to solve scalability problem have certain trade-off & most of people who do it don't care or never research the impact.

Could we rejoin the chain once it splits?

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Yes, but depends on the consensus algorithm to be merged. The most popular is PoW-PoS hybrid.

How do they decide on which aspect of the algorithm to retain and which to discard?
jr. member
Activity: 33
Merit: 3
All of us know that everything(Including the data we generate) on the blockchain has pattern and people who have been using bitcoin and ether complain that the network is slow. People often try to hard fork the entire network to combat this problem!.
We are also on the brink of witnessing quantum computers which would prove very detrimental for the progress of blockchain. I have two questions

1. Could we write an algorithm to generate a consensus algorithm using the data

2. Is it anyway possible to merge two or three consensus algorithms together?
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