We, a consortium of node implementations, infrastructure providers, services, engineers, and stakeholders, have collaborated extensively to reach our shared goal of stabilizing block confirmation times. We will deploy the aserti3-2d difficulty adjustment algorithm (ASERT DAA) on Bitcoin Cash (BCH) on November 15th, 2020, as designed by Mark Lundeberg and implemented by Jonathan Toomim alongside other accredited contributors of the ecosystem.
The aserti3-2d DAA is simple to implement, well-tested, and extensively simulated. It incentivizes consistent mining, achieves stability for transaction confirmations with low-variance 10 minute block targets, and is resistant to future drift.
This upgrade is the next step on the path of scaling Bitcoin Cash to be global, censorship-resistant, peer-to-peer electronic cash.
Alexander Levin Jr, CEO of ASICseer.com
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