diff options
| author | Dave Scotese <dscotese@litmocracy.com> | 2019-03-31 20:04:18 -0700 |
|---|---|---|
| committer | bitcoindev <bitcoindev@gnusha.org> | 2019-04-01 03:04:35 +0000 |
| commit | dca3e57a7b54343a627890242e7db8f1be889804 (patch) | |
| tree | 43b9d6df05c2cd3632d210d9e3bf900fe1059e7e | |
| parent | 0df16818b994405ddde1af3a26d572763813ff26 (diff) | |
| download | pi-bitcoindev-dca3e57a7b54343a627890242e7db8f1be889804.tar.gz pi-bitcoindev-dca3e57a7b54343a627890242e7db8f1be889804.zip | |
Re: [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC
| -rw-r--r-- | e9/599a1262a8d625d50f8a3d89dbb06d64f912d7 | 558 |
1 files changed, 558 insertions, 0 deletions
diff --git a/e9/599a1262a8d625d50f8a3d89dbb06d64f912d7 b/e9/599a1262a8d625d50f8a3d89dbb06d64f912d7 new file mode 100644 index 000000000..e9fe2f143 --- /dev/null +++ b/e9/599a1262a8d625d50f8a3d89dbb06d64f912d7 @@ -0,0 +1,558 @@ +Return-Path: <dscotese@gmail.com> +Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org + [172.17.192.35]) + by mail.linuxfoundation.org (Postfix) with ESMTPS id 8983E19CE + for <bitcoin-dev@lists.linuxfoundation.org>; + Mon, 1 Apr 2019 03:04:35 +0000 (UTC) +X-Greylist: whitelisted by SQLgrey-1.7.6 +Received: from mail-io1-f66.google.com (mail-io1-f66.google.com + [209.85.166.66]) + by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 30841E7 + for <bitcoin-dev@lists.linuxfoundation.org>; + Mon, 1 Apr 2019 03:04:34 +0000 (UTC) +Received: by mail-io1-f66.google.com with SMTP id n11so6526024ioh.1 + for <bitcoin-dev@lists.linuxfoundation.org>; + Sun, 31 Mar 2019 20:04:34 -0700 (PDT) +X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; + d=1e100.net; s=20161025; + h=x-gm-message-state:mime-version:references:in-reply-to:from:date + :message-id:subject:to; + bh=CoE4Qp+9jXYXiwIUJqdIhh2n+rCW7FMQEBQ2gRRnaFg=; + b=e+Wy42qvWHeqbrVmC7OCuXT2HKi8XoO0ZBrsJK7hp/rREraQ4KkV9/RgI09ButbfrI + WMN7HnqXsT4zjOUwQhR9HvlSlowi25/hOKeUXQd2+jkf6Hdl6u0nhsmrZ6MI4T7UbRAS + 3DzWaUXLUWYpr37/a8xsyxKsmw2rtJDJhwcG+np+S++Ijxrgrz0j7j8gw4/Sllar7Mur + BoBLMfkXZehKTjoTWPXIxXy4r6bD1jL/PUkRsZjF/2Un1KFiUhZ2IAmxTyVwrg8fOXLY + PoC7EKjluu8qjGijzGXNsChLQdoix3BN+YM82LhUNOiKyMT1zIWUYgjW5BXqr9dnHUSf + 8eNA== +X-Gm-Message-State: APjAAAWEjFLrjbuS356ZS5xHxbgR8bf5n639O19wi3ysMCou/k+iocqW + /Putm/W+tUwKWZ4WOypoAiiM0nzIC7jRFcx6Wl8= +X-Google-Smtp-Source: APXvYqyRe1PIsujga4uePkBNWU0iCxm2shFW3afw4vMBy9kDvAO1JA9Wfj24ti8u4ltfmY3NQRrW3TOFmwlU7zVI+YU= +X-Received: by 2002:a5d:9742:: with SMTP id c2mr17533447ioo.215.1554087873375; + Sun, 31 Mar 2019 20:04:33 -0700 (PDT) +MIME-Version: 1.0 +References: <201904010030.34825.luke@dashjr.org> + <CALC81CNdndTKxT10gLAEnxJ+-kybUFzTQQLBV8unVHkGv9TP6A@mail.gmail.com> +In-Reply-To: <CALC81CNdndTKxT10gLAEnxJ+-kybUFzTQQLBV8unVHkGv9TP6A@mail.gmail.com> +From: Dave Scotese <dscotese@litmocracy.com> +Date: Sun, 31 Mar 2019 20:04:18 -0700 +Message-ID: <CAGLBAhekS1XbXzUrq8Z9ZZfbXamAumbir6W97vXi75qS8-KNMQ@mail.gmail.com> +To: Ricardo Filipe <ricardojdfilipe@gmail.com>, + Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org> +Content-Type: multipart/alternative; boundary="000000000000a4750f05856f4762" +X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00,FREEMAIL_FROM, + HTML_MESSAGE,RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 +X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on + smtp1.linux-foundation.org +X-Mailman-Approved-At: Mon, 01 Apr 2019 04:23:16 +0000 +Subject: Re: [bitcoin-dev] Softfork proposal for minimum price of $50k + USD/BTC +X-BeenThere: bitcoin-dev@lists.linuxfoundation.org +X-Mailman-Version: 2.1.12 +Precedence: list +List-Id: Bitcoin Protocol Discussion <bitcoin-dev.lists.linuxfoundation.org> +List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe> +List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/> +List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org> +List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help> +List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe> +X-List-Received-Date: Mon, 01 Apr 2019 03:04:35 -0000 + +--000000000000a4750f05856f4762 +Content-Type: text/plain; charset="UTF-8" +Content-Transfer-Encoding: quoted-printable + +I think EXACTLY ONE YEAR is the perfect time. Well, a year and a day for +me because I'm on the wrong side of the date line, apparently. + +On Sun, Mar 31, 2019 at 6:04 PM Ricardo Filipe via bitcoin-dev < +bitcoin-dev@lists.linuxfoundation.org> wrote: + +> one year seems too long. i think with the BIP-148 experience you have +> we could easily get there in 6 months at most. +> +> Luke Dashjr via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> +> escreveu no dia segunda, 1/04/2019 =C3=A0(s) 01:33: +> > +> > Certain parts of the community have been selling bitcoins for +> unreasonably +> > low prices. This has halted Bitcoin's valuation at $20k and even driven +> the +> > price down below $15k! However, clearly Bitcoin is worth much more than +> > that, and there is widespread support for higher prices. +> > +> > In light of this, I have written and implemented two BIPs: one to add a +> > signed price field to Bitcoin transactions, and the other to softfork a +> > minimum price of $50k USD/BTC a year from today. +> > +> > The BIPs are here, as well as included at the bottom of this email for +> > convenience: +> > +> https://github.com/luke-jr/bips/blob/softfork_50k/bip-usdprice.mediawiki +> > +> https://github.com/luke-jr/bips/blob/softfork_50k/bip-softfork-50k-price.= +mediawiki +> > +> > A reference implementation is here: +> > +> https://github.com/bitcoin/bitcoin/compare/v0.17.1...luke-jr:softfork_50k +> > +> > Please review ASAP so we can get these deployed in Bitcoin Core v0.18. +> > +> > Luke +> > +> > +> > <pre> +> > BIP: ? +> > Layer: Applications +> > Title: Signed USD Price Indicator +> > Author: Luke Dashjr <luke+bip@dashjr.org> +> > Comments-Summary: No comments yet. +> > Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-???? +> > Status: Draft +> > Type: Standards Track +> > Created: 2019-04-01 +> > License: BSD-2-Clause +> > </pre> +> > +> > =3D=3DAbstract=3D=3D +> > +> > This BIP proposes a method to explicitly specify and sign the USD/BTC +> price +> > for transactions. +> > +> > =3D=3DCopyright=3D=3D +> > +> > This BIP is licensed under the BSD 2-clause license. +> > +> > =3D=3DMotivation=3D=3D +> > +> > Certain parts of the community have been selling bitcoins for +> unreasonably low +> > prices. This has halted Bitcoin's valuation at $20k and even driven the +> price +> > down below $15k! However, clearly Bitcoin is worth much more than that, +> and +> > there is widespread support for higher prices. +> > +> > This problem can be fixed by setting a global minimum price for bitcoin= +s. +> > Unfortunately, today, the consensus protocol is completely oblivious to +> the +> > price bitcoins are traded at. Therefore, we must first add a field to +> Bitcoin +> > transactions to indicate their price. +> > +> > =3D=3DSpecification=3D=3D +> > +> > =3D=3D=3DNew field and legal implication=3D=3D=3D +> > +> > A new field is added to Bitcoin transactions. This field, if present, +> must +> > represent the honest and true USD/BTC rate used for the transaction. By +> > signing the transaction, the sender legally affirms this is the +> valuation of +> > bitcoins used for the transaction. +> > +> > For the avoidance of doubt: when the transaction is valued in a currenc= +y +> other +> > than USD, any reasonable exchange rate may be used to come up with the +> USD +> > valuation. +> > +> > =3D=3D=3DSerialisation=3D=3D=3D +> > +> > When serialising the transaction for any purpose, including signing, +> weight +> > calculation, and so on, the output count must be incremented by one. +> Prior to +> > the first real output, the following bytes must be inserted: +> > +> > * Constant: 00 00 00 00 00 00 00 00 +> > * A single byte, the size in bytes of the remainder of the inserted dat= +a +> > * Constant: 6a 04 55 53 44 24 +> > * A single byte, the size in bytes of the remainder of the inserted dat= +a +> > * The USD/BTC rate used for the transaction, in standard signed integer +> > serialisation, with all leading zeros removed (except as necessary to +> > preserve the sign bit). +> > +> > =3D=3DBackwards compatibility=3D=3D +> > +> > =3D=3D=3DConsensus=3D=3D=3D +> > +> > The new price field is serialised as a dummy output, with a value of +> zero, and +> > a scriptPubKey that begins with OP_RETURN (6a). Existing nodes will +> ignore +> > this dummy output, and the leading OP_RETURN in the scriptPubKey ensure= +s +> it +> > is never considered spendable. +> > +> > Therefore, current nodes will ignore the new field entirely, and accept +> > transactions using it. +> > +> > =3D=3D=3DWallets=3D=3D=3D +> > +> > Existing wallets do not typically generate price indicators as specifie= +d. +> > Under this BIP, this absence of the field is perfectly acceptable. +> > +> > =3D=3DReference implementation=3D=3D +> > +> > +> https://github.com/bitcoin/bitcoin/compare/v0.17.1...luke-jr:usd_price_tx= +_field +> > +> > <pre> +> > BIP: ? +> > Layer: Consensus (soft fork) +> > Title: $50k USD/BTC Minimum Price +> > Author: Luke Dashjr <luke+bip@dashjr.org> +> > Comments-Summary: No comments yet. +> > Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-???? +> > Status: Draft +> > Type: Standards Track +> > Created: 2019-04-01 +> > License: BSD-2-Clause +> > Requires: usdprice +> > </pre> +> > +> > =3D=3DAbstract=3D=3D +> > +> > This BIP defines a minimum price of $50k USD/BTC for Bitcoin +> transactions. +> > +> > =3D=3DCopyright=3D=3D +> > +> > This BIP is licensed under the BSD 2-clause license. +> > +> > =3D=3DMotivation=3D=3D +> > +> > Certain parts of the community have been selling bitcoins for +> unreasonably low +> > prices. This has halted Bitcoin's valuation at $20k and even driven the +> price +> > down below $15k! However, clearly Bitcoin is worth much more than that, +> and +> > there is widespread support for higher prices. +> > +> > bip-usdprice defines a new field to indicate the price of transactions. +> Using +> > this, we can softfork to require a minimum transaction price. +> > +> > =3D=3DSpecification=3D=3D +> > +> > Beginning with block height 622370 (expected approximately 2020 April +> 1), a +> > block is reject as invalid unless all transactions it contains both +> declare a +> > USD/BTC price (as defined in bip-usdprice) and specify a price that is +> at a +> > minimum $50k USD/BTC. +> > +> > =3D=3DBackwards compatibility=3D=3D +> > +> > As a soft fork, older nodes will continue to accept the blockchain +> without +> > modification. Non-upgraded nodes, however, will not validate the minimu= +m +> > price requirement, and may accept invalid blocks if miners choose to ma= +ke +> > them. Since transactions not declaring a price are at this time still +> > common-place, the softfork activation has been set a full year into the +> > future to ensure time to upgrade both nodes and wallet software. +> > +> > =3D=3DReference implementation=3D=3D +> > +> > +> https://github.com/luke-jr/bitcoin/compare/usd_price_tx_field...softfork_= +50k +> > _______________________________________________ +> > bitcoin-dev mailing list +> > bitcoin-dev@lists.linuxfoundation.org +> > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev +> _______________________________________________ +> bitcoin-dev mailing list +> bitcoin-dev@lists.linuxfoundation.org +> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev +> + + +--=20 +I like to provide some work at no charge to prove my value. Do you need a +techie? +I own Litmocracy <http://www.litmocracy.com> and Meme Racing +<http://www.memeracing.net> (in alpha). +I'm the webmaster for The Voluntaryist <http://www.voluntaryist.com> which +now accepts Bitcoin. +I also code for The Dollar Vigilante <http://dollarvigilante.com/>. +"He ought to find it more profitable to play by the rules" - Satoshi +Nakamoto + +--000000000000a4750f05856f4762 +Content-Type: text/html; charset="UTF-8" +Content-Transfer-Encoding: quoted-printable + +<div dir=3D"ltr">I think EXACTLY ONE YEAR is the perfect time.=C2=A0 Well, = +a year and a day for me because I'm on the wrong side of the date line,= + apparently.<br></div><br><div class=3D"gmail_quote"><div dir=3D"ltr" class= +=3D"gmail_attr">On Sun, Mar 31, 2019 at 6:04 PM Ricardo Filipe via bitcoin-= +dev <<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-de= +v@lists.linuxfoundation.org</a>> wrote:<br></div><blockquote class=3D"gm= +ail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,= +204,204);padding-left:1ex">one year seems too long. i think with the BIP-14= +8 experience you have<br> +we could easily get there in 6 months at most.<br> +<br> +Luke Dashjr via bitcoin-dev <<a href=3D"mailto:bitcoin-dev@lists.linuxfo= +undation.org" target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a>&g= +t;<br> +escreveu no dia segunda, 1/04/2019 =C3=A0(s) 01:33:<br> +><br> +> Certain parts of the community have been selling bitcoins for unreason= +ably<br> +> low prices. This has halted Bitcoin's valuation at $20k and even d= +riven the<br> +> price down below $15k! However, clearly Bitcoin is worth much more tha= +n<br> +> that, and there is widespread support for higher prices.<br> +><br> +> In light of this, I have written and implemented two BIPs: one to add = +a<br> +> signed price field to Bitcoin transactions, and the other to softfork = +a<br> +> minimum price of $50k USD/BTC a year from today.<br> +><br> +> The BIPs are here, as well as included at the bottom of this email for= +<br> +> convenience:<br> +>=C2=A0 =C2=A0<a href=3D"https://github.com/luke-jr/bips/blob/softfork_5= +0k/bip-usdprice.mediawiki" rel=3D"noreferrer" target=3D"_blank">https://git= +hub.com/luke-jr/bips/blob/softfork_50k/bip-usdprice.mediawiki</a><br> +> <a href=3D"https://github.com/luke-jr/bips/blob/softfork_50k/bip-softf= +ork-50k-price.mediawiki" rel=3D"noreferrer" target=3D"_blank">https://githu= +b.com/luke-jr/bips/blob/softfork_50k/bip-softfork-50k-price.mediawiki</a><b= +r> +><br> +> A reference implementation is here:<br> +>=C2=A0 =C2=A0<a href=3D"https://github.com/bitcoin/bitcoin/compare/v0.1= +7.1...luke-jr:softfork_50k" rel=3D"noreferrer" target=3D"_blank">https://gi= +thub.com/bitcoin/bitcoin/compare/v0.17.1...luke-jr:softfork_50k</a><br> +><br> +> Please review ASAP so we can get these deployed in Bitcoin Core v0.18.= +<br> +><br> +> Luke<br> +><br> +><br> +> <pre><br> +>=C2=A0 =C2=A0BIP: ?<br> +>=C2=A0 =C2=A0Layer: Applications<br> +>=C2=A0 =C2=A0Title: Signed USD Price Indicator<br> +>=C2=A0 =C2=A0Author: Luke Dashjr <<a href=3D"mailto:luke%2Bbip@dashj= +r.org" target=3D"_blank">luke+bip@dashjr.org</a>><br> +>=C2=A0 =C2=A0Comments-Summary: No comments yet.<br> +>=C2=A0 =C2=A0Comments-URI: <a href=3D"https://github.com/bitcoin/bips/w= +iki/Comments:BIP-??" rel=3D"noreferrer" target=3D"_blank">https://github.co= +m/bitcoin/bips/wiki/Comments:BIP-??</a>??<br> +>=C2=A0 =C2=A0Status: Draft<br> +>=C2=A0 =C2=A0Type: Standards Track<br> +>=C2=A0 =C2=A0Created: 2019-04-01<br> +>=C2=A0 =C2=A0License: BSD-2-Clause<br> +> </pre><br> +><br> +> =3D=3DAbstract=3D=3D<br> +><br> +> This BIP proposes a method to explicitly specify and sign the USD/BTC = +price<br> +> for transactions.<br> +><br> +> =3D=3DCopyright=3D=3D<br> +><br> +> This BIP is licensed under the BSD 2-clause license.<br> +><br> +> =3D=3DMotivation=3D=3D<br> +><br> +> Certain parts of the community have been selling bitcoins for unreason= +ably low<br> +> prices. This has halted Bitcoin's valuation at $20k and even drive= +n the price<br> +> down below $15k! However, clearly Bitcoin is worth much more than that= +, and<br> +> there is widespread support for higher prices.<br> +><br> +> This problem can be fixed by setting a global minimum price for bitcoi= +ns.<br> +> Unfortunately, today, the consensus protocol is completely oblivious t= +o the<br> +> price bitcoins are traded at. Therefore, we must first add a field to = +Bitcoin<br> +> transactions to indicate their price.<br> +><br> +> =3D=3DSpecification=3D=3D<br> +><br> +> =3D=3D=3DNew field and legal implication=3D=3D=3D<br> +><br> +> A new field is added to Bitcoin transactions. This field, if present, = +must<br> +> represent the honest and true USD/BTC rate used for the transaction. B= +y<br> +> signing the transaction, the sender legally affirms this is the valuat= +ion of<br> +> bitcoins used for the transaction.<br> +><br> +> For the avoidance of doubt: when the transaction is valued in a curren= +cy other<br> +> than USD, any reasonable exchange rate may be used to come up with the= + USD<br> +> valuation.<br> +><br> +> =3D=3D=3DSerialisation=3D=3D=3D<br> +><br> +> When serialising the transaction for any purpose, including signing, w= +eight<br> +> calculation, and so on, the output count must be incremented by one. P= +rior to<br> +> the first real output, the following bytes must be inserted:<br> +><br> +> * Constant: 00 00 00 00 00 00 00 00<br> +> * A single byte, the size in bytes of the remainder of the inserted da= +ta<br> +> * Constant: 6a 04 55 53 44 24<br> +> * A single byte, the size in bytes of the remainder of the inserted da= +ta<br> +> * The USD/BTC rate used for the transaction, in standard signed intege= +r<br> +> serialisation, with all leading zeros removed (except as necessary to<= +br> +> preserve the sign bit).<br> +><br> +> =3D=3DBackwards compatibility=3D=3D<br> +><br> +> =3D=3D=3DConsensus=3D=3D=3D<br> +><br> +> The new price field is serialised as a dummy output, with a value of z= +ero, and<br> +> a scriptPubKey that begins with OP_RETURN (6a). Existing nodes will ig= +nore<br> +> this dummy output, and the leading OP_RETURN in the scriptPubKey ensur= +es it<br> +> is never considered spendable.<br> +><br> +> Therefore, current nodes will ignore the new field entirely, and accep= +t<br> +> transactions using it.<br> +><br> +> =3D=3D=3DWallets=3D=3D=3D<br> +><br> +> Existing wallets do not typically generate price indicators as specifi= +ed.<br> +> Under this BIP, this absence of the field is perfectly acceptable.<br> +><br> +> =3D=3DReference implementation=3D=3D<br> +><br> +> <a href=3D"https://github.com/bitcoin/bitcoin/compare/v0.17.1...luke-j= +r:usd_price_tx_field" rel=3D"noreferrer" target=3D"_blank">https://github.c= +om/bitcoin/bitcoin/compare/v0.17.1...luke-jr:usd_price_tx_field</a><br> +><br> +> <pre><br> +>=C2=A0 =C2=A0BIP: ?<br> +>=C2=A0 =C2=A0Layer: Consensus (soft fork)<br> +>=C2=A0 =C2=A0Title: $50k USD/BTC Minimum Price<br> +>=C2=A0 =C2=A0Author: Luke Dashjr <<a href=3D"mailto:luke%2Bbip@dashj= +r.org" target=3D"_blank">luke+bip@dashjr.org</a>><br> +>=C2=A0 =C2=A0Comments-Summary: No comments yet.<br> +>=C2=A0 =C2=A0Comments-URI: <a href=3D"https://github.com/bitcoin/bips/w= +iki/Comments:BIP-??" rel=3D"noreferrer" target=3D"_blank">https://github.co= +m/bitcoin/bips/wiki/Comments:BIP-??</a>??<br> +>=C2=A0 =C2=A0Status: Draft<br> +>=C2=A0 =C2=A0Type: Standards Track<br> +>=C2=A0 =C2=A0Created: 2019-04-01<br> +>=C2=A0 =C2=A0License: BSD-2-Clause<br> +>=C2=A0 =C2=A0Requires: usdprice<br> +> </pre><br> +><br> +> =3D=3DAbstract=3D=3D<br> +><br> +> This BIP defines a minimum price of $50k USD/BTC for Bitcoin transacti= +ons.<br> +><br> +> =3D=3DCopyright=3D=3D<br> +><br> +> This BIP is licensed under the BSD 2-clause license.<br> +><br> +> =3D=3DMotivation=3D=3D<br> +><br> +> Certain parts of the community have been selling bitcoins for unreason= +ably low<br> +> prices. This has halted Bitcoin's valuation at $20k and even drive= +n the price<br> +> down below $15k! However, clearly Bitcoin is worth much more than that= +, and<br> +> there is widespread support for higher prices.<br> +><br> +> bip-usdprice defines a new field to indicate the price of transactions= +. Using<br> +> this, we can softfork to require a minimum transaction price.<br> +><br> +> =3D=3DSpecification=3D=3D<br> +><br> +> Beginning with block height 622370 (expected approximately 2020 April = +1), a<br> +> block is reject as invalid unless all transactions it contains both de= +clare a<br> +> USD/BTC price (as defined in bip-usdprice) and specify a price that is= + at a<br> +> minimum $50k USD/BTC.<br> +><br> +> =3D=3DBackwards compatibility=3D=3D<br> +><br> +> As a soft fork, older nodes will continue to accept the blockchain wit= +hout<br> +> modification. Non-upgraded nodes, however, will not validate the minim= +um<br> +> price requirement, and may accept invalid blocks if miners choose to m= +ake<br> +> them. Since transactions not declaring a price are at this time still<= +br> +> common-place, the softfork activation has been set a full year into th= +e<br> +> future to ensure time to upgrade both nodes and wallet software.<br> +><br> +> =3D=3DReference implementation=3D=3D<br> +><br> +> <a href=3D"https://github.com/luke-jr/bitcoin/compare/usd_price_tx_fie= +ld...softfork_50k" rel=3D"noreferrer" target=3D"_blank">https://github.com/= +luke-jr/bitcoin/compare/usd_price_tx_field...softfork_50k</a><br> +> _______________________________________________<br> +> bitcoin-dev mailing list<br> +> <a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bl= +ank">bitcoin-dev@lists.linuxfoundation.org</a><br> +> <a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-= +dev" rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org= +/mailman/listinfo/bitcoin-dev</a><br> +_______________________________________________<br> +bitcoin-dev mailing list<br> +<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">= +bitcoin-dev@lists.linuxfoundation.org</a><br> +<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" = +rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail= +man/listinfo/bitcoin-dev</a><br> +</blockquote></div><br clear=3D"all"><br>-- <br><div dir=3D"ltr" class=3D"g= +mail_signature"><div dir=3D"ltr">I like to provide some work at no charge t= +o prove my value. Do you need a techie?=C2=A0 <br>I own <a href=3D"http://w= +ww.litmocracy.com" target=3D"_blank">Litmocracy</a> and <a href=3D"http://w= +ww.memeracing.net" target=3D"_blank">Meme Racing</a> (in alpha). <br>I'= +m the webmaster for <a href=3D"http://www.voluntaryist.com" target=3D"_blan= +k">The Voluntaryist</a> which now accepts Bitcoin.<br>I also code for <a hr= +ef=3D"http://dollarvigilante.com/" target=3D"_blank">The Dollar Vigilante</= +a>.<br>"He ought to find it more profitable to play by the rules"= + - Satoshi Nakamoto</div></div> + +--000000000000a4750f05856f4762-- + |