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FluidFluxation's profile
Will 🗣️ 🌐
Will 🗣️ 🌐
Will  🗣️  🌐
@FluidFluxation

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Will  🗣️  🌐

@FluidFluxation

$I am‽ Generalist. Theorycraft.

Here, Now, Probably
Joined April 2011

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    1. Miles Suter‏ @WahWhoWah Apr 5
      Replying to @BryceWeiner @bradmillscan

      I wasn't confused in that regard, but I still don't understand the 15 year part!

      1 reply 0 retweets 1 like
    2. Bryce Weiner‏ @BryceWeiner Apr 5
      Replying to @WahWhoWah @bradmillscan

      Bitcoin works like a clock. One might compute the length of POW from the first block to the last halving. If mining is manipulated, that time is reduced. BCH took time to adjust when it forked, but in the long view will outlast BTC.

      1 reply 0 retweets 3 likes
    3. Miles Suter‏ @WahWhoWah Apr 5
      Replying to @BryceWeiner @bradmillscan

      Miles Suter Retweeted Miles Suter

      At what point does the block reward end though? After 40 additional halvenings, the block reward remains valid at *0.00000001*1641532 BTC rewarded.https://twitter.com/WahWhoWah/status/982010484940390400 …

      Miles Suter added,

      Miles Suter @WahWhoWah
      Replying to @BryceWeiner
      Ok but are you saying that because of this the block reward runs out faster? Because it doesn't, it will just get increasingly fractional
      1 reply 0 retweets 1 like
    4. Miles Suter‏ @WahWhoWah Apr 5
      Replying to @WahWhoWah @BryceWeiner @bradmillscan

      Worst case my understanding is that it'd fairly elementary to increase the amount of decimals the protocol supports if needed. I agree w the premise that the chain split resulted in alternate timelines w disparate temporality rates but curious why you imply there's a "lifespan"?

      1 reply 0 retweets 4 likes
    5. Brad Mills‏ @bradmillscan Apr 5
      Replying to @WahWhoWah @BryceWeiner

      How will BCH emission outlast BTC when there's already more BCH than BTC.

      1 reply 0 retweets 2 likes
    6. Miles Suter‏ @WahWhoWah Apr 5
      Replying to @bradmillscan @BryceWeiner

      Because of the EDA even though BCH is ahead right now it's projected that this will change. Let me try to find the chart

      1 reply 0 retweets 0 likes
    7. Miles Suter‏ @WahWhoWah Apr 5
      Replying to @WahWhoWah @bradmillscan @BryceWeiner

      I do remember seeing a counter to this so I don't take it as gospelpic.twitter.com/6vQbXTWVbq

      1 reply 0 retweets 4 likes
    8. Bryce Weiner‏ @BryceWeiner Apr 5
      Replying to @WahWhoWah @bradmillscan

      Good chart. The bottom chart reflects my statements in that BTC will reach the next halving before BCH. If you project that schedule forward and compare it to the “expected” for total POW lifetime you see the span I refer to.

      4 replies 0 retweets 3 likes
    9. Will  🗣️  🌐‏ @FluidFluxation Apr 5
      Replying to @BryceWeiner @WahWhoWah @bradmillscan

      Why would you project that schedule forward indefinitely though? Especially given that the DA's vary.

      1 reply 0 retweets 0 likes
    10. Bryce Weiner‏ @BryceWeiner Apr 5
      Replying to @FluidFluxation @WahWhoWah @bradmillscan

      Because the DAs are intended to keep block times constant. The simpler the DA, the greater the potential for abuse. Lesson from altcoins. :)

      1 reply 0 retweets 1 like
      Will  🗣️  🌐‏ @FluidFluxation Apr 5
      Replying to @BryceWeiner @WahWhoWah @bradmillscan

      Not sure I agree with blanket sentiment that a simpler DA = easier abuse, ? that we can use early day altcoininomics as a basis for game theoretic development for mainchain competition.

      10:54 PM - 5 Apr 2018
      • 1 Like
      • Miles Suter
      1 reply 0 retweets 1 like
        1. New conversation
        2. Will  🗣️  🌐‏ @FluidFluxation Apr 5
          Replying to @FluidFluxation @BryceWeiner and

          Regardless, yes, the DA work to keep block times consistent, however we are talking about gamification of token emission which is tied to block time. Still not clear on how this explains using this model to predict future trends so acutely.

          1 reply 0 retweets 0 likes
        3. Bryce Weiner‏ @BryceWeiner Apr 5
          Replying to @FluidFluxation @WahWhoWah @bradmillscan

          Point being I have data to back up my claims. That you think that data is somehow invalidated based on scale is a gratuitous assertion which is demonstrably untrue. It’s actually more accurate than a test net.

          2 replies 0 retweets 0 likes
        4. Bryce Weiner‏ @BryceWeiner Apr 5
          Replying to @BryceWeiner @FluidFluxation and

          However with hundreds of networks, a handful of DAs, and the experience of BCH splitting we can say absolutely that simpler algos are easier to abuse.

          1 reply 0 retweets 0 likes
        5. Will  🗣️  🌐‏ @FluidFluxation Apr 5
          Replying to @BryceWeiner @WahWhoWah @bradmillscan

          I will agree mostly that BCH experience validates some of this thesis your forming. 100s of altcoins operating under the radar of serious long term economic visibility and pressure (while experiencing inflated value due to proximity to a sound asset ie bitcoin) is questionable

          1 reply 0 retweets 1 like
        6. Bryce Weiner‏ @BryceWeiner Apr 5
          Replying to @FluidFluxation @WahWhoWah @bradmillscan

          It’s a thesis for you. I cannot build networks without this level of thinking nor can anyone else.

          1 reply 0 retweets 0 likes
        7. Will  🗣️  🌐‏ @FluidFluxation Apr 5
          Replying to @BryceWeiner @WahWhoWah @bradmillscan

          I don't dispute that, I'm questioning it's validity as a game theory maxim. Of course we use heuristics and best practices as we go.

          1 reply 0 retweets 0 likes
        8. Bryce Weiner‏ @BryceWeiner Apr 5
          Replying to @FluidFluxation @WahWhoWah @bradmillscan

          Oh the example occurred between November 10 and November 14, 2017. There was no reason to put hash power back on the BTC network except for Jihan to declare himself King of Bitcoin.

          3 replies 0 retweets 1 like
        9. Will  🗣️  🌐‏ @FluidFluxation Apr 5
          Replying to @BryceWeiner @WahWhoWah @bradmillscan

          On 2nd sentence, the complexities involving Jihan's hashpower allocation are subject to tiers of scale that he almost exclusively operates on. Long term political/economic gaming in play, doesn't follow as defined/micro of a ruleset as statements like "hashpower follows $"

          1 reply 0 retweets 1 like
        10. 3 more replies

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