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Justus Ranvier [ARCHIVE] /
npub1k2e…qd6m
2023-06-07 17:44:03
in reply to nevent1q…fgd3

Justus Ranvier [ARCHIVE] on Nostr: 📅 Original date posted:2015-11-02 📝 Original message:On 02/11/15 14:33, Gavin ...

📅 Original date posted:2015-11-02
📝 Original message:On 02/11/15 14:33, Gavin Andresen via bitcoin-dev wrote:
> I like those guidelines, although I'm sure there may be lots of arguing
> over what fits under "protects the integrity of the network" or what
> constitutes "reasonable notice" (publish a BIP at least 30 days before
> rolling out a change? 60 days? a year?)

If Bitcoin were perfect. then it would be the case that any transaction
that was valid at the time it was signed would always remain valid until
spent regardless of any protocol changes which occurred in the interim.

Certainly, that property, if it was possible to achieve, would give
Bitcoin maximum possible utility compared to alternative properties.

There are cases in which that guarantee can be met, and there are some
pathological cases where it can not be met.

It's not possible to know if the pathological cases are actually a real
problem in practice, because the possible existence of unbroadcast
transactions which would trigger them is unknowable.

A possible lazy/optimistic strategy is to implement as much
non-pathological backward compatibility as possible, and treat unhandled
cases as outstanding bugs whose resolution is deferred unless and until
they are actually triggered.
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