Miners’ debate over the economic system of the Byzantine Byzantine economy continued


nnThe Battle of the Byzantium, which was originally scheduled to be activated at the end of October, sparked a new round of controversy, which is still ongoing. The upgrade is designed to improve the functionality of the Ethernet network and shorten the time required to “mine” the transaction block, but at the same time, the reduction in the mining time will reduce the value of the currency, and the upgrade code patch will The mine was reduced from 5 ETH ($ 1,200) to 3 ETH ($ 840), which greatly increased the difficulty of mining miners, which triggered the controversy. As of press time, this argument continues, the result is not clear.n
nTranslation: Clovern
Some of the developers and miners between the developers and the miners for the upcoming upgrade to the details of the network to improve the details of the existence of the ongoing controversy.n
The discussion, which began in July, is currently related to the ETA 649 agreement, which aims to shorten the time required to “mine” the trade block, and the miners will create a new currency through the transaction block mining process ( Ethertail original encrypted currency) as the return of mining.n
The key to the current controversy is that after migrating to a network called “Byzantium”, the mining time will increase by about 10 seconds compared to the current mining time. However, to ensure that this will not reduce the value of the currency (the current price of about $ 300), the code patch will reduce mine miners’ bonuses from 5 ETH ($ 1,200) to 3 ETH ($ 840).n
Looking back, this change can be seen as a response to the long-standing controversy over the ether-square agreement known as the difficulty bomb.n
Difficult Bomb is the difficulty of increasing gradually, and pre-configured in the agreement, designed to make the mining blocks are not timeliness. However, while the purpose of the code is to motivate miners to go to another different chain at the time of bifurcation, critics worry that the reduction in this program, along with block mining incentives, can have diametrically opposed effects.n
Because this change will affect different stakeholders in different ways, it is difficult for everyone to agree with this idea. Some critics even describe EIP as an attack on miners, and miners need to use more resources to tap more difficult blocks to get more returns.n
This controversy continues at the time of writing, although it is not clear at the moment whether these posts are representative of directly related stakeholders, and if they do represent these stakeholders, their approval will allow the Byzantine to be upgraded The end of October activation) and the direction of the dialogue to change.n
The current debate can also be seen as a continuation of the differences in earlier agreements (called EIP 186). CoinDesk made a detailed introduction to the renewal of the agreement earlier this year, and the EIP protocol update was intended to reduce block mining incentives to counter currency inflation – a code patch that was widely accepted by the community and therefore penetrated EIP protocol.n
However, given the Byzantine escalation mechanism, this semantic debate may become an interesting topic for the future. When a new code is introduced for hard bifurcation, the miner can choose to move to a block chain with a new rule set or continue digging an old version of the block chain.n
It is worth mentioning that there was a similar bifurcation in 2016, when some miners disagreed, refused to leave the old version of the block chain, continue to mine now known as the “ether square classic (ETC)” encryption currency Then

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