Bible Pay
Archives => Archived Proposals => Topic started by: Rob Andrews on June 28, 2019, 04:56:13 PM
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The ABN feature reduces the liklihood of bot-net mining activity against BiblePay.
Rob wants to ensure Security is maintained and our difficulty level never falls below 5000.
Should we re-enable ABN in small steps, starting with a 1,000 BBP requirement?
Then, if difficulty remains > 5000, we can increase our ABN requirement in steps weekly maintaining diff around 10K or more.
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My only comment Rob would be that I would prefer to err on the side of caution and initial set the required BBP amount a little higher than 1K. Obviously this could be adjusted at anytime but the concern to avoid a fork is real and I for one would prefer to see 10K as a starting point for safety. Just my 2 cents on this.
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i think we will be fine with 32k, to cover 205 blocks, only 6.5m is needed so we will have any block covered multiple times
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Average difficulty last 1000 blocks is 4.3k
286 blocks out of 1000 had difficulty greater than 5k.
I wonder if it is time to consider raising the abn weight requirement from 125k to 250k.
Since greater abn weight will encourage more hodling this will:
1) encourage more bbp purchases from exchange,
2) better payout for miners & masternodes,
3) discourage bot net even further
(https://i.imgur.com/P0A34H5.png)