Why Nostr? What is Njump?
2023-06-07 18:00:10
in reply to

Cameron Garnham [ARCHIVE] on Nostr: šŸ“… Original date posted:2017-04-15 šŸ“ Original message:Thank-you for your prompt ...

šŸ“… Original date posted:2017-04-15
šŸ“ Original message:Thank-you for your prompt response,

I believe I must have a different prospective of Bitcoin to you. Ideologically I donā€™t agree that miners can be passive participants in the Bitcoin Network; and I certainly donā€™t see them acting as passive participants in the Bitcoin Community now.

The miners are very much political actors. Hence why I fail to take-to-heart your concern "that the proposal will reject the blocks of passive participantsā€.

With AsicBoost, there are three miner groups: Those who use it (and have legal sanction to do so); Those who use it (without legal sanction); and those who donā€™t use it. If SegWit didnā€™t directly affect miners, then one could possibly claim that there could be an ideal passive participant miner in reality. However since your important revelations on AsicBoost: SegWit cannot be a ā€˜passiveā€™ option for miners.

Hence, I donā€™t care about orphaning the blocks of of the theoretical "passive participantā€ miner. As I have no logical reasoning to suggest one could exists; and a large amount of evidence to suggesting one dose not exit.


On BIP 16 vs. BIP 17; I cannot see how BIP 148 similar engineering tradeoffs. Is there any long-term ā€˜technical debtā€™ from BIP 148 that Iā€™m unaware of that could be similar to BIP 16?


On the Drama: Well 100M USD p/a can pay for lots of Drama; Hence going back to the first point: The miners are not passive participants when it comes to *any* form of activation of SegWit.

Cameron.



> On 15 Apr 2017, at 10:04 AM, Gregory Maxwell <greg at xiph.org> wrote:
>
> On Sat, Apr 15, 2017 at 6:28 AM, Cameron Garnham <da2ce7 at gmail.com> wrote:
>> As many may remember, there was quite some controversy about the BIP16 vs BIP 17 split; the main argument for BIP16 was the urgency of P2SH, and how this was the already ā€œtested and proven to workā€ solution.
>
> And as a result we ultimately got a clearly inferior solution (520
> byte script limit; 80-bit security; months of orphaned blocks-- and
> two of those were not issues in BIP17). I went along for the cram
> fest on 16 after 12 caught fire, and I was mistaken to do so.
>
> Doubly so because it took years for P2SH to achieve any kind of mass
> deployment due to issues far away from consensus. An extra two months
> spent on some ground-work (including communications and documentation)
> could have pulled forward practical deployment by a year and given
> time to find and fix some of the flaws in the design of P2SH.
>
>> BIP 148 is out (our?) terms of peace. The Bitcoin Community is tired-to-death of this war and wants a resolution swiftly. BIP 148 proves a outlet, and in Maxwell words: ā€œ...almost guarantees at a minor level of disruption.ā€.
>
> It seems I lost a word in my comment: that should have been "almost
> guarantees at _least_ a minor level of disruption". A minor level of
> disruption is the _minimum_ amount of disruption, and for no good
> reason except an unprecedented and unjustified level of haste.
>
> Considering that you did not spare a single word about the specific
> property that I am concerned about-- that the proposal will reject the
> blocks of passive participants, due to avoidable design limitations--
> I can't help but feel that you don't even care to understand the
> concern I was bringing up. :(
>
> How many people barely reviewed the specifics of the proposal simply
> because they want something fast and this proposal does something
> fast?
>
>> tired-to-death of this war and wants a resolution swiftly
>
> By now competitors and opponents to Bitcoin have surely realized that
> they can attack Bitcoin by stirring up drama.
>
> As a result, the only way that we will ever be free from "war" is if
> we choose to not let it impact us as much as possible. We must be
> imperturbable and continue working at the same level of excellence as
> if virtual shells weren't flying overhead-- or otherwise there is an
> incentive to keep them flying 24/7. Internet drama is remarkably cheap
> to generate. "The only thing we have to fear is fear itself".
>
> The alternative is that we hand opponents a ready made formula for
> disruption: astroturf enough drama up that Bitcoiners "sacrifice
> correctness" themselves right off a cliff in a futile attempt to make
> it go away. :)
Author Public Key
npub1qhl358d8na8d3euj3aakeu394zx7q6pqc4a8u4p962k9mtrqdrvscchcrk