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Subject: [bitcoin-dev] BIP-119 UASF
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Hi Bitcoin Developers,
Note: This email is inspired from https://lists.linuxfoundation.org/piperma=
il/bitcoin-dev/2021-March/018538.html written by Chris Belcher
Lets compare all covenant proposals:
https://docs.google.com/spreadsheets/d/1YL5ttNb6-SHS6-C8-1tHwao1_19zNQ-31YW=
PAHDZgfo/edit#gid=3D0
Why general and recursive covenants are controversial:
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-February/01997=
6.html
Why I prefer CTV over APO?
- LN symmetry can be achieved with CSFS later if there is really a demand a=
part from twitter
- CTV improves LN
- CTV does not change how sighash works still we get covenants
- Less bytes
- More tooling
- Not recursive
- Not limited to taproot
- Other differences
MASF or speedy trial allows miners to coordinate and signal "readiness". Th=
is is misunderstood by lot of users as miners can always refuse to follow n=
ew consensus rules even after signaling or economics nodes can reject block=
s with new consensus rules later.
Instead of doing this we could do a UASF in which things are clear that eco=
nomic nodes enforce consensus rules and miners or majority of miners at thi=
s point wont go against bitcoin communities including nodes with some econo=
mic activity.
If there is a positive feedback, we could work on building UASF client for =
activation and bitcoin core can follow.
/dev/fd0
floppy disk guy
|
