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authorPeter Todd <pete@petertodd.org>2017-05-12 18:22:14 -0400
committerbitcoindev <bitcoindev@gnusha.org>2017-05-12 22:22:27 +0000
commit90c49e0abd5dad1269d8fc523cbf067b8d92d95e (patch)
tree60d69c764e1d324b4cc8987917e29a9b50779bb4
parent51ea17adff41f57d2894b9332bc2979672c21aa5 (diff)
downloadpi-bitcoindev-90c49e0abd5dad1269d8fc523cbf067b8d92d95e.tar.gz
pi-bitcoindev-90c49e0abd5dad1269d8fc523cbf067b8d92d95e.zip
Re: [bitcoin-dev] BIP: Block signal enforcement via tx fees
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+Date: Fri, 12 May 2017 18:22:14 -0400
+From: Peter Todd <pete@petertodd.org>
+To: Luke Dashjr <luke@dashjr.org>
+Message-ID: <20170512222214.GA4462@fedora-23-dvm>
+References: <201705121922.57445.luke@dashjr.org>
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+Cc: bitcoin-dev@lists.linuxfoundation.org
+Subject: Re: [bitcoin-dev] BIP: Block signal enforcement via tx fees
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+On Fri, May 12, 2017 at 07:22:56PM +0000, Luke Dashjr via bitcoin-dev wrote:
+> I've written a new BIP draft for OP_CHECKBLOCKVERSION to allow the commun=
+ity=20
+> to put economic pressure on miners to deploy softforks without the extrem=
+e of=20
+> a UASF.
+>=20
+> https://github.com/luke-jr/bips/blob/bip-cbv/bip-cbv.mediawiki
+
+I strongly disagree with this proposal.
+
+nVersion signaling is already technically unenforceable, in the sense that =
+we
+don't have good ways of ensuring miners actually adopt the rules they're
+claiming to signal. Equally, it's users who ultimately adopt rules, not min=
+ers,
+and attempting to pay miners to signal certain bits will further confuse th=
+is
+point.
+
+Quite likely the outcome of users trying to anonymously pay anonymous miner=
+s to
+signal certain bits will be the complete breakdown of the honesty of the
+nVersion signalling system, currently enforced only by "gentlemans agreemen=
+t".
+
+A more productive direction would be a direct coin-owner signalling process,
+with users taking action based on what provable coin-ownership has signalle=
+d.
+
+
+Also, as an aside, this "specification" again shows the inadequacy and
+unreadability of English language specifications. I'd strongly suggest you
+delete it and instead mark the "reference implementation" as the specificat=
+ion.
+
+--=20
+https://petertodd.org 'peter'[:-1]@petertodd.org
+
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