Moved to https://github.com/bitcoin/bips/blob/master/bip-0105.mediawiki
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July 2, 2021 21:16
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How does having to cast a vote first help? Wouldn't they simply set all their votes to the maximum value?
Some votes will get a lucky hash, some will be unlucky.
Wouldn't 90% of them be lucky hashes?
@mmeijeri they are paying for voting up by giving up subsidy. See this writeup for details:
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-May/008017.html
OK I've reworked quite a bit of the text and reduced complexity, and saved some bytes in the coinbase field. I'm going to transfer this over to my bips fork and open a pull request.
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@rubensayshi Ensures most of the mining power is on the same page regarding blocksize.