{"type":"rich","version":"1.0","author_name":"Luke Dashjr (npub1lh…aa9nk)","author_url":"https://nostr.ae/npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk","provider_name":"njump","provider_url":"https://nostr.ae","html":"So here's the plan for selecting Bitcoin's new PoW algorithm:\n\nNobody knows the new algorithm right now, and nobody will until we all know at the same moment.\n\nAt 14:00 UTC August 11th, we will begin watching Bitcoin's Testnet4 chain for new blocks.\n\nThe very next block found, look at the block hash.\nThe last character will choose the new algorithm.\n(Note that testnet4 blocks are typically timestamped wrong!)\n\nAs soon as I see that block, I will reveal the mapping showing which algorithm that character represents.\n\nThroughout the last 24+ hours, the community has discussed and made a short list of candidate algorithms.\nI compiled that list into a weighted (according to their suitability) set of options for the mapping list.\n\nYou can prove I didn't rig it, by SHA256 hashing the mapping text file.\nIt will match 71a7960874f3352f4ba600ce67bd6f8e96702565abea93021fa86349d99a45e8"}