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Author Topic: Test bitcoins - decission?  (Read 1282 times)
xel (OP)
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February 21, 2011, 04:12:58 AM
 #1

So can we count on this that current TBTC (test bitcoins) will NOT be reseted? Smiley

Some people are trading in them a bit Cheesy

but it would be really cool is we could all put some computing power on the testnet to reset diff to sane levels.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Garrett Burgwardt
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February 21, 2011, 04:20:17 AM
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The point of testnet is to test, difficulty being low is a good thing.
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February 21, 2011, 04:56:25 AM
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The point of testnet is to test, difficulty being low is a good thing.

Now the diff on testnet is [too] high, since few 5970's where put on it for an hour or so Wink and otherwise mostly just CPUs are there.

Or we could do something cool with testnet.. like...
adjust is to 1 block per 1 hour - sutiable for crytponets (like freenet) high latency mining
limit max diff there to say 100 (so we WILL have inflation there)
... and/or make is so that older coins are worth more?

or other idea so that even with huge diff changes the generation speed will remain the same?
e.g. keep difficulty at say 10, and adjust not the diff but the 50.00 BTC reward.
or just keep it at diff 10 and it will quite soon reach the point when it is 25.. then 12 ...
and later move on to TX only version?

and so on Smiley

ofc all ruls should apply say starting with 2012.01.01 so that everyone had time to update clients to agree on thoes rules.
also would be nice to keep already done transactions as they are for people bravely investing into TBTC now Wink
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February 21, 2011, 05:03:59 AM
 #4

So can we count on this that current TBTC (test bitcoins) will NOT be reseted? Smiley

No.  You should expect the testnet to be reset, if for no other reason than to keep people from using it as a "real" currency.

How often do you get the chance to work on a potentially world-changing project?
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