Why Nostr? What is Njump?
2023-06-07 17:47:24
in reply to

Peter Todd [ARCHIVE] on Nostr: šŸ“… Original date posted:2015-12-30 šŸ“ Original message:On Wed, Dec 30, 2015 at ...

šŸ“… Original date posted:2015-12-30
šŸ“ Original message:On Wed, Dec 30, 2015 at 05:29:05AM -0800, Jonathan Toomim via bitcoin-dev wrote:
> As a first impression, I think this proposal is intellectually interesting, but crufty and hackish and should never actually be deployed. Writing code for Bitcoin in a future in which we have deployed a few generalized softforks this way sounds terrifying.

<snip>

> It might be possible to make that a bit simpler with recursion, or by doing subsequent generalized softforks in a way that doesn't have multi-levels-deep block-within-a-block-within-a-block stuff. Still: ugh.

Your fear is misplaced: it's trivial to avoid recursion with a bit of
planning.

For instance, if Bitcoin was redesigned to incorporate the forced fork
concept, instead of block headers committing to just a merkle root,
they could instead commit to H(version + digest)

For version == 0, digest would be a merkle root of all transactions. If
the version was > 0, any digest would be allowed and the block would be
interpreted as a NOP with no effect on the UTXO set.

In the event of a major change - e.g. what would otherwise be a
hard-forking change to the way the merkle root was calculated - a
soft-fork would change the block validity rules to make version == 0
invalid, and verison == 1 blocks would interpret the digest according to
the new merkle root rules. Again, version > 1 blocks would be treated as
NOPs.

A good exercise is to apply the above to the existing Bitcoin ecosystem
as a soft-fork - it certainely can be done, and done right is
technically very simple.


Regardless of how it's done - existing Bitcoin compatible or clean sheet
redesign - you get the significant safety advantages soft-forks have
over hard-forks in nearly all situations where you'd have to do a
hard-fork. OTOH, it's kinda scary how this institutionalizes what could
be seen as 51% attacks, possibly giving miners significantly more
control over the system politically. I'm not sure I agree with that
viewpoint - miners can do this anyway - but that has made people shy
away from promoting this idea in the past. (previously it's been often
referred to as an "evil" soft-fork)

--
'peter'[:-1]@petertodd.org
00000000000000000831fc2554d9370aeba2701fff09980123d24a615eee7416
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