What if 51 delegates do not move over to Bitshares 2.0?

Started by monsterer, June 11, 2015, 08:49:04 AM

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mike623317


I would have to 'let them go' and vote for others.

I dont think there is a problem here. Move on.

monsterer

Quote from: Xeldal on June 11, 2015, 01:02:37 PM
I didn't catch all the details but I thought I heard BM say this^.  That there would be a final release to 'freeze' the old chain.

Ahhh, so it relies on everyone upgrading to this final release before 2.0 can launch. Understood...
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Xeldal

Quote from: pc on June 11, 2015, 12:47:08 PM
Actually a single delegate would be enough to keep the old chain alive.

This can be mitigated by publishing a 0.9.9 version that stops creating new blocks after the snapshot date, and requiring delegates to upgrade to 0.9.9.

From our experience with the PTS-DPOS upgrade I can say that it is much more important to coordinate the upgrade with all major external entities, like exchanges, block explorers, CMC, ... - if no one is using the old chain anymore then it doesn't matter if someone keeps generating blocks on it.

I didn't catch all the details but I thought I heard BM say this^.  That there would be a final release to 'freeze' the old chain.

pc

Actually a single delegate would be enough to keep the old chain alive.

This can be mitigated by publishing a 0.9.9 version that stops creating new blocks after the snapshot date, and requiring delegates to upgrade to 0.9.9.

From our experience with the PTS-DPOS upgrade I can say that it is much more important to coordinate the upgrade with all major external entities, like exchanges, block explorers, CMC, ... - if no one is using the old chain anymore then it doesn't matter if someone keeps generating blocks on it.
Bitcoin - Perspektive oder Risiko? ISBN 978-3-8442-6568-2 [url="http://bitcoin.quisquis.de"]http://bitcoin.quisquis.de[/url]

btswildpig

Quote from: monsterer on June 11, 2015, 08:57:47 AM
Quote from: btswildpig on June 11, 2015, 08:52:09 AM
that didn't happened even in the merger .
I doubt it would happen now .

The merger was the same blockchain, wasn't it?

for different blockchain that's more easy ....because it will be already forked ....  the new system can just initiate new block producers like init01..init02...
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iHashFury


monsterer

Quote from: BTSdac on June 11, 2015, 09:03:21 AM
do you think people would refuse to move from crowded apartment to big villa?

Do you think the coming bitcoin hard fork will lead to two different bitcoin chains?
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BTSdac

Quote from: monsterer on June 11, 2015, 08:49:04 AM
As I understand it, Bitshares 2.0 is a new blockchain, with new private keys for everyone. So, what happens if 51 delegates decide to keep the old blockchain running?

Or, what if all the current delegates move over, but 51 new delegates fall into place on the old chain?
do you think people would refuse to move from crowded apartment to big villa?
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cgafeng

Then there will be bts1.0 and bts2.0 exist at the same time. And own they 101 delegate separate.
Just like altcoin, nothing more.
BTS and PLAY is the same thing.
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monsterer

Quote from: btswildpig on June 11, 2015, 08:52:09 AM
that didn't happened even in the merger .
I doubt it would happen now .

The merger was the same blockchain, wasn't it?
My opinions do not represent those of metaexchange unless explicitly stated.
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btswildpig

that didn't happened even in the merger .
I doubt it would happen now .
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

monsterer

As I understand it, Bitshares 2.0 is a new blockchain, with new private keys for everyone. So, what happens if 51 delegates decide to keep the old blockchain running?

Or, what if all the current delegates move over, but 51 new delegates fall into place on the old chain?
My opinions do not represent those of metaexchange unless explicitly stated.
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads