2026 Difficulty Thread

[joker_josue]

My plan is fairly perfect but I know people and I know egos so no one will do the plan.

I HAVE ASKED FOR 21 BTC as my commission if the idea is taken and use but I would not expect the gready ego manics to do anything,  but they will insult me about this idea.

Then steal in in the future.

Feel free to quote me if you will.

I got the impression that you only explained the basics of the idea; it involved more than that. Right?

I never considered that kind of approach, not from the perspective of using those funds to support the network.

Were you only creating the 2009-2012 rule, or was it something that continued?

What if someone came back in 2040 to retrieve their 2009 coins? Wouldn't it be unfair to lose access to them?
Or what about those who have spent fortunes trying to recover old discs containing access to coins, managing to recover them but losing access to the coins?

[philipma1957]

My plan is fairly perfect but I know people and I know egos so no one will do the plan.

I HAVE ASKED FOR 21 BTC as my commission if the idea is taken and use but I would not expect the gready ego manics to do anything,  but they will insult me about this idea.

Then steal in in the future.

Feel free to quote me if you will.

I got the impression that you only explained the basics of the idea; it involved more than that. Right?

I never considered that kind of approach, not from the perspective of using those funds to support the network.

Were you only creating the 2009-2012 rule, or was it something that continued?

What if someone came back in 2040 to retrieve their 2009 coins? Wouldn't it be unfair to lose access to them?
Or what about those who have spent fortunes trying to recover old discs containing access to coins, managing to recover them but losing access to the coins?

No you post in 2029 that in 2039 all coins from 2009 will be considered abandoned property.

Ten year warning posted daily on multiple websites is good enough.

I am going to:Google what countries have abandoned property laws.

Hint most.

https://fastercapital.com/content/Escheat-Laws--Understanding-the-Fate-of-Abandoned-Bank-Accounts.html

Google escheat-laws

https://assetcadet.com/blog/unclaimed-property-worldwide

Many other countries do this.

It is irresponsible for btc to not address this issue.

Especially with the first  10,500,000 coins or 210,000 blocks mined.

And in lite of the cold card hack even more so this needs to be addressed.

Make the declaration jan 1 2029.

Give 10 years for movement of coins in stale lost frozen addresses then sweep the set up 1 day at a time.



https://en.wikipedia.org/wiki/Escheat.


 If you read this and understand that countries could come for you for running a node that contains old abandoned lost coins you can start to see that btc needs to be proactive on this.

[joker_josue]

If you read this and understand that countries could come for you for running a node that contains old abandoned lost coins you can start to see that btc needs to be proactive on this.

To be able to do that, you would need to know who owned those coins.
Without knowing who the owner was, you can't know if the coins are truly abandoned or not.

Even 70 years from now, you still don't know if the original holder gave them to another holder or not.

But, knowing how governments work, the likelihood of them creating a law that will try to obtain these currencies is something that easily happens. Especially in about 10 or 20 years.

This even solves something I find stupid but many people do, which is "burning coins." These coins would then become useful to the network.

On the other hand, he continued to view it as a convoy of coins. Which undermines the idea that the coins always belong to whoever controls the private key. Making this convisco abretario and da rede conveys the idea that the coins are not really ours.

How can we balance this situation?

[philipma1957]

If you read this and understand that countries could come for you for running a node that contains old abandoned lost coins you can start to see that btc needs to be proactive on this.

To be able to do that, you would need to know who owned those coins.
Without knowing who the owner was, you can't know if the coins are truly abandoned or not.

Even 70 years from now, you still don't know if the original holder gave them to another holder or not.

But, knowing how governments work, the likelihood of them creating a law that will try to obtain these currencies is something that easily happens. Especially in about 10 or 20 years.

This even solves something I find stupid but many people do, which is "burning coins." These coins would then become useful to the network.

On the other hand, he continued to view it as a convoy of coins. Which undermines the idea that the coins always belong to whoever controls the private key. Making this convisco abretario and da rede conveys the idea that the coins are not really ours.

How can we balance this situation?

Well I am older 69 and practical. We do not need every country in the world that has a history of abandoned property laws coming after btc.

My way allows a long term plan way over 100 years time.
It allows stable mining over 100 years time.
It warns long term holders to simply move the old wallet.
It paves to way to protect against quantum attacks.

An if announced in 2029 phasing in 2039 plenty of time is there.

BTW it has a bit of traction here and there.



Back to

Newhedge.io

Latest Block:   961100  (7 minutes ago)

Current Pace:   101.7299%  (1485 / 1459.75 expected, 25.25 ahead)

Previous Difficulty:   127170500429035.2                           
Current Difficulty:   126231507121868.2                           
Next Difficulty:   between 128358260173422 and 128519678399715
Next Difficulty Change:   between +1.6848% and +1.8127%
Previous Retarget:   July 25, 2026 at 6:39 PM  (-0.7384%)
Next Retarget (earliest):   Saturday at 12:56 PM  (in 3d 14h 59m 42s)
Next Retarget (latest):   Saturday at 1:20 PM  (in 3d 15h 23m 29s)
Projected Epoch Length:   between 13d 18h 17m 10s and 13d 18h 40m 57s

A bit up in diff

[joker_josue]

Well I am older 69 and practical. We do not need every country in the world that has a history of abandoned property laws coming after btc.

My way allows a long term plan way over 100 years time.
It allows stable mining over 100 years time.
It warns long term holders to simply move the old wallet.
It paves to way to protect against quantum attacks.

An if announced in 2029 phasing in 2039 plenty of time is there.

BTW it has a bit of traction here and there.

Sorry for going off-topic. 

Have you already started a thread about this topic here?

I've always been somewhat hesitant about the suggestion that was made to block Satoshi's coins when anti-quantum computing changes arise.
But you presented the idea from a perspective I had never considered before.

I think we can discuss this a little (and anyone who wants to participate). It would be interesting to start a new thread about this topic. What do you think?

[philipma1957]

Well I am older 69 and practical. We do not need every country in the world that has a history of abandoned property laws coming after btc.

My way allows a long term plan way over 100 years time.
It allows stable mining over 100 years time.
It warns long term holders to simply move the old wallet.
It paves to way to protect against quantum attacks.

An if announced in 2029 phasing in 2039 plenty of time is there.

BTW it has a bit of traction here and there.

Sorry for going off-topic. 

Have you already started a thread about this topic here?

I've always been somewhat hesitant about the suggestion that was made to block Satoshi's coins when anti-quantum computing changes arise.
But you presented the idea from a perspective I had never considered before.

I think we can discuss this a little (and anyone who wants to participate). It would be interesting to start a new thread about this topic. What do you think?

Not sure  where does it go? It is off topic but does relate because it would affect difficulty by stableizing mining rewards for the minimum of 75 years and maybe as much as 150. That would certainly allow for Difficulty growth if price grows.


Back to current numbers.,price went up just a bit as did the difficulty.

Latest Block:   961169 

Current Pace:   101.3011%  (1554 / 1534.04 expected, 19.96 ahead)

Previous Difficulty:   127170500429035.2                           
Current Difficulty:   126231507121868.2                           
Next Difficulty:   between 127880235034888 and 127972881916928
Next Difficulty Change:   between +1.3061% and +1.3795%
Previous Retarget:   July 25, 2026 at 6:39 PM  (-0.7384%)
Next Retarget (earliest):   Saturday at 2:20 PM  (in 3d 4h 0m 39s)
Next Retarget (latest):   Saturday at 2:33 PM  (in 3d 4h 14m 15s)
Projected Epoch Length:   between 13d 19h 41m 4s and 13d 19h 54m 40s

[joker_josue]

Not sure  where does it go? It is off topic but does relate because it would affect difficulty by stableizing mining rewards for the minimum of 75 years and maybe as much as 150. That would certainly allow for Difficulty growth if price grows.

On the general board of bitcoin. Basically, we are debating an idea for Bitcoin.

[alh]

If you want to view BTC as a "currency replacement", then it makes little sense to worry about "lost or cold" coins. If you get 100 $100 bills, and use them one at a time to light your cigars, the US government will in no way worry about replacing that money. If you damage the money you can try and get a replacement if you have enough residual bits to make the claim.

If you look at BTC compared to a "precious metal", then again if gold is lost or destroyed in some way, there is no way to recover it or be compensated.

BTC seems not really fit well into your plan, unless you want to view as some kind of "registered property" in which case then many state laws would seem to apply.  That happens for things like accounts, or stock certificates, or real estate. BTC doesn't seem to fit that model since one of it's touted vales is anonymity of ownership.

Just a few thoughts from the "peanut gallery" (in MN).