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It doesn't need a 'minority of nodes' to agree to anything. It triggers sometime in august and the nodes running it start invalidating blocks from the "main chain" AKA actual bitcoin.
Then those nodes may be waiting a long time ie many years before they see a chain that meets their ruleset with more than a few blocks if they ever even get that far...
The 'new chain' with new rules needs 2000 blocks approximately to get a difficulty adjustment and at 1% of former hashrate thats... 200 weeks or about 4 years. All that time bip110 miners get ZERO new coins they can sell unless they have waited at least 100 blocks which means about 2 years... So bip110 miners don't get any revenue from mining for 2 years at 1% of current hashrate.
If bip110ers were serious they would be buying asics and a lot of them but it's easier to sit in the basement and LARP.
Thank you 😊 thats a great explanation 👍 im just observing the debate
When you put it like that, the larping may soon be limping!
Money talks
So would you say, the spam argument is a surface level offering to the bip, whereas there may be an ulterior motives hidden in plain sight?
As I'm researching Optimism, bip110 doesn't require full concensus?
Just needs a minority of nodes to agree and the majority 'to not object '
But as you have laid out. Even the minority haven't signalled yet?