Re:Hal Finney’s proposal for optimizing Bitcoin to be enable...
by akritrime on Sunday September 27, 2020 @01:46PM
(#24608530)
What happens to a participant who didn't update? Will they be on their on special fork of the chain?
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Re:Hal Finney’s proposal for optimizing Bitcoin to be enable...
by Taek on Sunday September 27, 2020 @03:10PM
(#24609320)
They'll be on the same fork as everyone else who didn't update, which may in fact be the dominant fork.
Re:Hal Finney’s proposal for optimizing Bitcoin to be enable...
by dfischer on Sunday September 27, 2020 @01:56PM
(#24608626)
Maybe yes maybe no. It depends on what the updates are.
Re:Hal Finney’s proposal for optimizing Bitcoin to be enable...
by ema on Sunday September 27, 2020 @02:59PM
(#24609233)
To expand: an update that puts older versions of bitcoin on a different chain is called a hard fork and it is treated as a big deal. It is supposed to happen as rarely as possible.