Prayank [ARCHIVE] on Nostr: 📅 Original date posted:2022-01-18 📝 Original message:> We should strive to one ...
📅 Original date posted:2022-01-18
📝 Original message:> We should strive to one day get to a point where the bitcoin consensus isn't updating at all.
That day is nowhere near IMO and maybe we won't see it in my lifetime.
> Perhaps we should come to a consensus as a consensus as a community what the minimum time between soft forks should be, and just as importantly, what the minimum time between finalized consensus-change implementation and when we decide community consensus has been achieved.
This is not possible in a decentralized network like Bitcoin and makes no sense. Soft forks can/should be done as and when required. This does not mean we do them often but if a change makes sense, looks ready, got enough consensus, reviewed properly etc. then timing doesn't really matter in every case.
> Activating multiple consensus changes in a bundle is far safer than having multiple separate in-flight soft forks at once.
This is not true. More changes bundled require more review and still more probability to have bugs. Security is always about keeping things simple.
> One solution is that we could be a lot more direct about how decisions are made. There's been a lot of rhetoric around UASF and how the economic majority is really who's running the show.
BIP 8 with LOT=TRUE was a better activation mechanism option in Taproot but some influential developers wrote its misleading, unsafe etc. on social media so you can call me negative at this moment however I have realized the truth is really sad and we can't blindly follow some people. There are lot of people who will tell you bad things about UASF and how speedy trial is the best thing Bitcoin has ever experienced.
Michael Folkson also had some opinion in activation mechanism IIRC,
--
Prayank
A3B1 E430 2298 178F
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📝 Original message:> We should strive to one day get to a point where the bitcoin consensus isn't updating at all.
That day is nowhere near IMO and maybe we won't see it in my lifetime.
> Perhaps we should come to a consensus as a consensus as a community what the minimum time between soft forks should be, and just as importantly, what the minimum time between finalized consensus-change implementation and when we decide community consensus has been achieved.
This is not possible in a decentralized network like Bitcoin and makes no sense. Soft forks can/should be done as and when required. This does not mean we do them often but if a change makes sense, looks ready, got enough consensus, reviewed properly etc. then timing doesn't really matter in every case.
> Activating multiple consensus changes in a bundle is far safer than having multiple separate in-flight soft forks at once.
This is not true. More changes bundled require more review and still more probability to have bugs. Security is always about keeping things simple.
> One solution is that we could be a lot more direct about how decisions are made. There's been a lot of rhetoric around UASF and how the economic majority is really who's running the show.
BIP 8 with LOT=TRUE was a better activation mechanism option in Taproot but some influential developers wrote its misleading, unsafe etc. on social media so you can call me negative at this moment however I have realized the truth is really sad and we can't blindly follow some people. There are lot of people who will tell you bad things about UASF and how speedy trial is the best thing Bitcoin has ever experienced.
Michael Folkson also had some opinion in activation mechanism IIRC,
--
Prayank
A3B1 E430 2298 178F
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