Hey everyone,
I have a few questions for an academic project. Appreciate any help!
How is the voting process set up for miners to approve a soft fork?
Who starts the voting, reaches out to miners, and waits for them to accept or reject?
How do miners get the voting info, how do they see it, and what’s the process for them to vote yes or no?
Basically, if anyone has insights on how this miner voting stuff works, I’d love to hear it.
Sorry if my English isn’t perfect.
Thanks a lot for your assistance!
Questions regarding mining processes
3 replies 440 views
diamond_atlasSenior Member
Posts: 408 · Reputation: 1359
#2May 10, 2018, 11:02 PM
How did you get so far in education without knowing how to use internet search engines?
I would start with these 2 links:
https://bitcoin.stackexchange.com/questions/56924/what-does-signal-and-lock-in-mean-in-a-bip
https://en.wikipedia.org/wiki/Bitcoin_Improvement_Proposals
Possibly the first one already gives you the "superficial" info you need.
There are three questions that are asked and must be answered to make your study.
The three questions answered take 3 pages to explain, so you can see below, to save writing space.
the answer to this you can read here: https://www.investopedia.com/terms/s/soft-fork.asp
The answer to the second question, you can see here: Bitcoins Elegant Upgrade Mechanism: Miner Voting
for this question you can see and read here: Bitcoin and Voting Power or here: How does miner voting work
Related topics
- Questions about mining safety and using your crypto wallet 5
- Check Out Our Unique VR Tour of a Bitcoin Mine | Meet Verakari Mining 0
- mining info on bitcoin.org needs an update 3
- Eco-Friendly Mining: Exploring Solar-Powered Bitcoin Opportunities 9
- Need some guidance for my thesis on Bitcoin mining 14
- Best spots for my mining rigs? 19