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I have heard the suggestion to reduce the block time from Chinese forum. I am strongly against reducing block time from 10 minutes to 2 minutes or 1 minute!!! The core reason for BCH using SHA256 operation the same as BTC Nowdays, the reality is that the difficulty of BCH is 4% of BTC's (the same percent as price). The way BCH reduces its block time is to reduce the difficulty ( and rewards as the same time). So when we reduce the block time from 10 min to 2 min, the difficulty will be reduced to 0.8% of BTC's. The block time from 10 min to 1 min, the difficulty will be reduced to 0.4% of BTC's. BCH's survive on EDA & DAA, so the Standard deviation of BCH's block time is more than BTC's. We compare the answer of SHA256 operation as target of shooting. We compare the hashrate as the bullet. We expand the target to 10 times larger than before, The machine gun hash pool like BTC.top will have more effectiveness to profit on BCH! And the Standard deviation of BCH's block time will also be increased. And the BTC's SHA256 hash rate will much more threat BCH' block by extremely short time! 16 continuous blocks in 80 mins 7 continuous blocks in 50 mins 8 continuous blocks in 40 mins I'm not talking about machine gun hash pool like BTC.top. I'm talking about the threaten of hash rate outside BCH will be expanded to BCH! There is no use for shops or exchanges to reduce the conf time. The only thing for shops or exchanges to do it to increase the conf numbers for the safety. The other hand, the shops accept 0_conf do not need to reduce the block time! So, BCH's developer should put 0_conf tech for the first topic not the block time. When we need to discuss the block time? BCH's hash rate is near of ahead BTC's , it maybe make sense. [link] [comments] |
source https://www.reddit.com/r/btc/comments/ad3uer/be_strongly_against_reducing_block_time_from_10/
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