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Topic: Why Bitcoin Testnet Chain Is Longer? (Read 171 times)

jr. member
Activity: 75
Merit: 1
July 03, 2019, 11:25:51 AM
#3
So, even as bitcoin aims to decentralize monetary power, capitalism’s innate monopolizing tendencies could lead some players to accumulate enough computing power to seize control of the network and revert a trustworthy, decentralized system back to one where self-interested, centralized institutions are in control. Bitcoin is not currently under such a threat, and many believe it would never arise because computer owners who profit from owning bitcoins have no interest in destroying it. Still, the threat cannot be fully eliminated. The fee situation on BTC is what big blockers have been predicting all along. Ou next prediction: Users will evacuate High Fee Coin for better alternatives. As I did, I have chosen CS because they have lower transactions fee
legendary
Activity: 3472
Merit: 10611
June 26, 2019, 12:40:31 AM
#2
that is because TestNet difficulty is designed a little differently than bitcoin's MainNet difficulty so that it can drop to 1 if it took more than 20 minutes to find a block. that way we can ensure TestNet goes on without getting stuck due to high difficulty and lack of hash rate.
but at the same time dropping difficulty to 1 means you can find blocks with your CPU (with a little hashrate) and if someone has a higher hashrate (like using their ASIC) they can mine a ton of blocks in a short time. that is why there are a lot more TestNet blocks now.

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BTW, Is It Possible To Pre-Build A Transaction Before The UTXO Is Confirmed?
you mean spend an unconfirmed transaction? yes that is possible.

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And, Where To Ask Question About Lightning Network(Are There Any Thread Dedicated To It?)?
open up a topic if you can't find the answer to any questions. asking in a dedicated topic can bury questions.
sr. member
Activity: 270
Merit: 309
Shinji bgt gwh
June 26, 2019, 12:06:19 AM
#1
Well Testnet Blockheight (According To Blockstream.info) Is Now At Around ~1.500.000, While The Mainnet Is Still Around ~600.000
this Is Probably Because The Testnet Faster Blocktime, But Why Testnet has Faster Blocktime? Are There Any Different "Protocol" Between Mainnet And Testnet Other Than Blocktime?

BTW, Is It Possible To Pre-Build A Transaction Before The UTXO Is Confirmed?
And, Where To Ask Question About Lightning Network(Are There Any Thread Dedicated To It?)?

Sorry For Bad English
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