[bitcoin-dev] Height based vs block time based thresholds

[Luke Dashjr]

I've already opened a PR almost 2 weeks ago to do this and fix the other 
issues BIP 9 has. https://github.com/bitcoin/bips/pull/550

It just needs your ACK to merge.


On Wednesday 05 July 2017 1:30:26 AM shaolinfry via bitcoin-dev wrote:
> Some people have criticized BIP9's blocktime based thresholds arguing they
> are confusing (the first retarget after threshold). It is also vulnerable
> to miners fiddling with timestamps in a way that could prevent or delay
> activation - for example by only advancing the block timestamp by 1 second
> you would never meet the threshold (although this would come a the penalty
> of hiking the difficulty dramatically). On the other hand, the exact date
> of a height based thresholds is hard to predict a long time in advance due
> to difficulty fluctuations. However, there is certainty at a given block
> height and it's easy to monitor. If there is sufficient interest, I would
> be happy to amend BIP8 to be height based. I originally omitted height
> based thresholds in the interests of simplicity of review - but now that
> the proposal has been widely reviewed it would be a trivial amendment.