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If less than 50% signal, can't everyone just stop running BIP-110?
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Sure, but as you get close to activation, especially if you are a miner, you would probably want to be sure that you can switch back to whatever you were running before without any hiccups.
once it activates, I think the odds that a block gets mined containing BIP 110 banned txs is very high, as in, probably in the first few blocks post activation. That block will cause all BIP 110 nodes to split off. So, if you are going to just stop, you need to do it before the split.
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I'm trying to think of a reason to treat the other category as "doesn't activate" and the best I can think of is that he's thinking no one will run it at that point.
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You know, I think I was confused by the framing of the website. I thought it would only activate if 55% of miners signal, but I think you're right - if it's going to activate regardless, then the game theory changes. It's definitely not a dominant strategy to ever mine on a minority chain.