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| author | Peter Todd <pete@petertodd.org> | 2024-03-31 16:02:29 +0000 |
|---|---|---|
| committer | bitcoindev <bitcoindev@googlegroups.com> | 2024-03-31 09:25:17 -0700 |
| commit | f0f24d485947b598e21d876d295806e31b32d012 (patch) | |
| tree | 659ddd25a69bea3b9681a1f75ee515f86f4b589f | |
| parent | 74f8391ef6c79d0cb711c2dd22941c5e761fbbda (diff) | |
| download | pi-bitcoindev-f0f24d485947b598e21d876d295806e31b32d012.tar.gz pi-bitcoindev-f0f24d485947b598e21d876d295806e31b32d012.zip | |
Re: [bitcoindev] The Future of Bitcoin Testnet
| -rw-r--r-- | 14/db8efee1a8cfcc4baf1690e7eb1ba60ae7c9ba | 241 |
1 files changed, 241 insertions, 0 deletions
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First, a few facts: +> +> 1. Testnet3 has been running for 13 years. It's on block 2.5 million +> something and the block reward is down to ~0.014 TBTC, so mining is not +> doing a great job at distributing testnet coins any more. +> +> 2. The reason the block height is insanely high is due to a rather amusing +> edge case bug that causes the difficulty to regularly get reset to 1, which +> causes a bit of havoc. If you want a deep dive into the quirk: +> https://blog.lopp.net/the-block-storms-of-bitcoins-testnet/ +> +> 3. Testnet3 is being actively used for scammy airdrops; those of us who +> tend to be generous with our testnet coins are getting hounded by +> non-developers chasing cheap gains. +> +> 4. As a result, TBTC is being actively bought and sold; one could argue +> that the fundamental principle of testnet coins having no value has been +> broken. +> +> This leads me to ponder the following questions, for which I'm soliciting +> feedback. +> +> 1. Should we plan for a reset of testnet? If so, given how long it has been +> since the last reset and how many production systems will need to be +> updated, would a reset need to be done with a great deal of notice? +> +> 2. Is there interest in fixing the difficulty reset bug? It should be a one +> liner fix, and I'd argue it could be done sooner rather than later, and +> orthogonal to the network reset question. Would such a change, which would +> technically be a hard fork (but also arguably a self resolving fork due to +> the difficulty dynamics) necessitate a BIP or could we just YOLO it? + +If we fix the difficulty reset bug, we might as well also fix the coin supply +issue: get rid of the halving for testnet and just make every block create new +coins. + +-- +https://petertodd.org 'peter'[:-1]@petertodd.org + +-- +You received this message because you are subscribed to the Google Groups "Bitcoin Development Mailing List" group. +To unsubscribe from this group and stop receiving emails from it, send an email to bitcoindev+unsubscribe@googlegroups.com. +To view this discussion on the web visit https://groups.google.com/d/msgid/bitcoindev/ZgmJFfXnQddkTQVq%40petertodd.org. + +--IUGiFHIa/HLZum4o +Content-Type: application/pgp-signature; name="signature.asc" + +-----BEGIN PGP SIGNATURE----- + +iQIzBAEBCgAdFiEE0RcYcKRzsEwFZ3N5Lly11TVRLzcFAmYJiRMACgkQLly11TVR +LzdPyA//VXIlcgPLnlo8jFWjLgE4RGQ/WTDrdCWO+AeTEyar+Gus0SziqwKo31/6 +gDTtMWqrzpSQ3hwavE7O7vWo1x0zzKdUhoIH7tdVtIyrJibPc9gIQPl1HyNhQOiJ +fNU9wNntXkxCLfi4f1Uor4Pu+qQN9WFOrKXL+9ApmHSC3lC+hR/PAFlFqM2/L17t +M0kzkg6wrQX6baQjEm3fhftfD/ysIkJMGI3ZOjQtO9pWoFlZXwUKcWRLsRgkQwrV +fboQPBe4Tow5hK/7+1x2N7ct2RRuShvH5N7NTnCii6azb4eDmvGVBTkBn3PdyZ0A +DqjzX3N2YxRqjo6RXZM1NyDQS5LMupes8AcPGI27ywTam0rLfocnIpiISJMi1jyc +TUyJ10bA6lVk/ax3r3YfBiVwjEZn4o0Ej3cvyBg045NV4Jx59+UHOb2mb8kUUt+B +69EWL29D/x0G921m3HlzgSL8MNYw0SfW3/VFeNyJEV4GoXZthbXkCw5dN0j6skTh +SEVm6Xx6SrnSea5sJwoi0sO3WHuoaWzGM8ImYcFLr+L0PF4WcmIxKh5ZHlcgHuBv +mpPgobFr1AApCE27y3sxayMEzOAHWKzjI5gY2nW1DnY4Qv2ORJ3ZSOY7zAw5v93a +b18RiE4gE1aOJEVD+3+y62ilLfJvwdhU97HwUJb1wJ6FkEn1xJk= +=xrPs +-----END PGP SIGNATURE----- + +--IUGiFHIa/HLZum4o-- + |