Re:The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
by maaku on Friday February 12, 2016 @02:21PM
(#11089732)
> Right now today if you're mining on a block and find out that there is a longer chain, the node switches.
Not if the longer chain is invalid under your node's consensus rules. The rule is "most-work valid chain."
Re:The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
by ChemicalWarfare on Friday February 12, 2016 @02:27PM
(#11089788)
so you're talking about 2 kinds of "voting" here:
1. Decision by the miners on what version of protocol to support;
2. Consensus on the bitcoin network where nodes vote to determine which chain is valid.
"voting" I'm referring to (which there's none) is telling the core team which changes to implement. who's to tell them not to implement segwit for example?
This could be chaotic so the debate is really how to avoid two co-existing chains in hard fork situation.
But bitcoin itself is, every 10 minutes, voting for what the "right" chain is, which is defined as the longest.
Right now today if you're mining on a block and find out that there is a longer chain, the node switches.