Will #TAAL require partnerships with other miners/pools to have the necessary hash in order to guarantee block generation regularly enough to meet fiat based contract obligations?
I assume TAAL needs #BSV to pay these miners/pools txs fees. Or do they?
Post by twetch#2492
TAAL already manage 3000 PH/s and own 300 PH/s..but with TAAL Orchestrator other miners/pools will probably want TAAL's support.
What the chain says
- Block
- 633 642
- Time
- 2020-05-06T00:05:48Z
- Signer
- 13mLJo8JeEpJmW2i7JMfMJCqygPE6Lrn5k
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2492
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
13mLJo8JeEpJmW2i7JMfMJCqygPE6Lrn5k VerifiedReplies (13)
Lots of miners will want to work with TAAL, no doubt about that. What I mean is how will they guarantee end of day/4 hour settlement etc in fiat based contracts if they don't have the necessary hash to produce enough blocks at the right times.
What's to stop other sha256 miners with lots of hash just mining blocks with few transactions in them. This is completely within the rules, they could even mine empty blocks. They can come & go freely. This is my concern. W
Would TAAL & partners just refuse to build on these blocks. Do you see what I mean. These games could be played by people to disrupt TAALs business model.
Other SHA256 miners still dependent only on block reward have a biz model dependent on BTC number go up. TAAL is expecting a bloodbath at halving. They will buy up a lot more equipment during this time via shares. No SLAs live yet, but ill reassess then.
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