Skip to content
Open
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
5 changes: 5 additions & 0 deletions README.md
Original file line number Diff line number Diff line change
Expand Up @@ -719,6 +719,10 @@ Key considerations:
- Clear communication and signaling among Economic Nodes can help prevent unintended splits.
- The more economic activity concentrated on upgraded nodes, the stronger the incentive for Miners to follow the upgraded chain, reducing chain split risks.

**Quantifying the adoption threshold**

A 2026 simulation study modeling a contested bitcoin soft fork against a simulated bitcoin network found that this low/medium/high structure maps onto explicit thresholds in the fraction of Economic Node custody weight supporting the new rules (E). Below E≈0.50, the new rules could not win regardless of Miner commitment (a "cascade floor"); between E≈0.50 and E≈0.82, the outcome depended on Miner commitment (an "inversion zone"); above E≈0.82, the new rules won regardless of Miner commitment (an "economic override threshold"). Within the inversion zone, the study also identified an "Economic Self-Sustaining Point" around E≈0.74, above which the price signal favoring the new rules became self-reinforcing rather than dependent on continued Miner cooperation. These figures come from parameter sweeps of a simulated, hypothetical rule change and are best read as illustrating the shape of the dynamic rather than as validated real-world thresholds.[^34]

**Impact of bounty size on chain split risks**

The size of the potential bounty in purchasing power terms for a chain split can significantly influence the likelihood and severity of such disruptions.
Expand Down Expand Up @@ -915,3 +919,4 @@ To a long, healthy, prosperous bitcoin!
[^31]: The disruption does not necessarily require high transaction fee transactions, it could be done out of band with private mining mempool products
[^32]: [https://x.com/giacomozucco/status/1826219048528396784](https://x.com/giacomozucco/status/1826219048528396784)
[^33]: [https://www.blackrock.com/us/individual/resources/regulatory-documents/stream-document?stream=reg&product=IUS-IBIT-J&shareClass=NA&documentId=2212465%7E2224307%7E2275834%7E2249884&iframeUrlOverride=%2Fus%2Findividual%2Fliterature%2Fprospectus%2Fp-ishares-bitcoin-trust-12-31.pdf](https://www.blackrock.com/us/individual/resources/regulatory-documents/stream-document?stream=reg&product=IUS-IBIT-J&shareClass=NA&documentId=2212465%7E2224307%7E2275834%7E2249884&iframeUrlOverride=%2Fus%2Findividual%2Fliterature%2Fprospectus%2Fp-ishares-bitcoin-trust-12-31.pdf)
[^34]: Foytik, P. *Quantifying Bitcoin Network Resilience Through Critical Scenario Discovery*, University of Wyoming Bitcoin Research Institute Workshop, 2026. [https://arxiv.org/abs/2608.05461](https://arxiv.org/abs/2608.05461) (data and code: [https://github.com/pfoytik/bitcoin-fork-governance-study](https://github.com/pfoytik/bitcoin-fork-governance-study)). This is a simulation of a hypothetical rule change on a synthetic network, not a model validated against Bitcoin's history — few real contentious forks exist to validate against. It is best read as a mental model for exploring how mining-pool commitment, Economic Node support, and user-node support interact during a contested consensus change, rather than as a predictor of real-world thresholds or outcomes.