Trias Technology Exchange Group aims to build a platform for technology exchange for blockchain. Whether you are an expertise or a beginner for blockchain technology, Trias warmly welcomes you to join us.

Q: Recently, Bitcoin mining has less difficulty. How has it been adjusted its difficulty?

A: In general, the Bitcoin mining difficulty is adjusted according to the whole network computational power. When the whole network decrease, it will be adjusted to a suitable mining difficulty in line with the whole network.

We all know that mining is really a computational (Hash) process. As the first node is calculated, the node will be rewarded accordingly. The law of Bitcoin adjustment is that 2016 blocks are generated every two weeks, adjusting the difficulty according to the calculation time and force of previous blocks, ensuring each block calculation time is maintained in the range of about 10 minutes.

Q: How to understand the ETH Constantinople hard fork?

A: Since the upgrade proposed by Ethereum, the two consensus algorithms, POW and POS, have been used to outside world. In fact, the real situation is not like this, Ethereum is still using the POW consensus algorithm. The hard fork is an upgrade plan that Ethereum has postponed for one year to change POW consensus algorithm into POS consensus algorithm.

In fact, the Ethereum has also been done a lot of preparatory work for upgrade in this year. For example, the proposed sharding technology, if we still use the POW consensus algorithm, the processing speed of the Ethereum chain itself will not have a substantial improvement. But if we can transfer to POS, then the situation is very different. Therefore, the hard fork upgrading is still of great significance to Ethereum. Although the upgrade can not achieve Vitalik Buterin said that the tens of millions of TPS, but compared to the performance of the current running speed will have a great improvement. Only in this way can we get closer to the original intention, it is open source public blockchain platform with intelligent contract function.

But in the process of hard fork, many unexpected accidents may happen. The whole process of hard fork is actually a process that is not quite controllable. Although Vitalik Buterin and Ethereum community member have reached a consensus on hard fork, it is just like the situation that BCH hard fork has caused more sub chains to split not long ago. As a blockchain practitioner, I am from my bottom heart hope Ethereum can smoothly through the hard fork classification.

The entire blockchain industry seem to has entered the winter, and i do not want to be poured with cold water any more. It is also possible to set an example for other blockchain upgrades.

Q: What do you think of soft and hard fork?

A: In fact, I have been not agreed with the hard fork. It should be used a more moderate, soft method to carry out the blockchain technology upgrade. In fact, it is same to the Ethereum original intention. However, because of the soft fork failure and attacked by hackers, there is no better soft fork method, Ethereum have no choice but only choose the way of hard fork.

The pitfalls of hard fork are well understood, but a more appropriate way to upgrade has not yet been found. Technology upgrades are sure to continue with time, and can’t each upgrade on a hard fork? In the process of hard fork, if the community does not reach a consensus, then it is a disrupted act. As a result, a variety of sub chains will be appeared. Such as Monroe currency through many hard forks produced today’s various sub chain. The loss outweighs the gain.

Official Channels

Telegram(Official): https://t.me/TriasOfficial

Telegram(English):https://t.me/triaslab

Twitter: https://twitter.com/triaslab

Medium: https://medium.com/@Triaslab

Reddit: https://www.reddit.com/r/Trias_Lab