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

Greg Sanders [ARCHIVE] on Nostr: 📅 Original date posted:2017-04-15 📝 Original message:> Besides that, I also ...

📅 Original date posted:2017-04-15
📝 Original message:> Besides that, I also just don't believe that UASF itself as a method to
activate softforks is a good choice. The only two reliable signals we have
for this purpose in Bitcoin are block height (flag day) and standard miner
signaling, as every other metric can be falsified or gamed.

UASF can be just a flag day.

On Sat, Apr 15, 2017 at 9:23 AM, Natanael via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

>
>
> Den 15 apr. 2017 13:51 skrev "Chris Acheson via bitcoin-dev" <
> bitcoin-dev at lists.linuxfoundation.org>:
>
>
> Not sure if you missed my previous reply to you, but I'm curious about
> your thoughts on this particular point. I contend that for any UASF,
> orphaning non-signalling blocks on the flag date is [maybe] safer [for
> those in on the UASF fork] than just
> considering the fork active on the flag date.
>
>
> Note my additions.
>
> Enforcement by orphaning non-compliance makes it harder to reverse a buggy
> softfork, since you necessarily increase the effort needed to return enough
> mining power to the safe chain since you now have mostly unmonitored mining
> hardware fighting you actively, whose operators you might not be able to
> contact. You'd practically have to hardfork out of the situation.
>
> There's also the risk of the activation itself triggering concensus bugs
> (multiple incompatible UASF forks), if there's multiple implementations of
> it in the network (or one buggy one). We have already seen something like
> it happen. This can both happen on the miner side, client side or both
> (miner side only would lead to a ton of orphaned blocks, client side means
> netsplit).
>
> It is also not economically favorable for any individual miner to be the
> one to mine empty blocks on top of any surviving softfork-incompatible
> chain. As a miner you would only volunteer to do it if you believe the
> softfork is necessary or itself will enable greater future profit.
>
> Besides that, I also just don't believe that UASF itself as a method to
> activate softforks is a good choice. The only two reliable signals we have
> for this purpose in Bitcoin are block height (flag day) and standard miner
> signaling, as every other metric can be falsified or gamed.
>
> But there's also more problems - a big one is that we have no way right
> now for a node to tell another "the transaction you just relayed to me is
> invalid according to an active softfork" (or "will become invalid". This
> matters for several reasons.
>
> The first one that came to my mind is that we have widespread usage of
> zero-confirmation payments in the network.
>
> This was already dangerous for other reasons, but this UASF could make it
> guaranteed cost-free to exploit - because as many also know, we ALSO
> already have a lot of nodes that do not enforce the non-default rejection
> policies (otherwise we'd never see such transactions on blocks), including
> many alternative Bitcoin clients.
>
> The combination of these factors means that you can present an UASF
> invalid transaction to a non-updated client that is supposedly protected by
> the deliberate orphaning effort, and have it accept this as a payment. To
> never see it get confirmed, or to eventually see it doublespent by an
> UASF-valid transaction.
>
> I would not at all be surprised if it turned out that many
> zero-confirmation accepting services do not reject non-default
> transactions, or if they aren't all UASF-segwit aware.
>
> This is why a flag day or similar is more effective - it can't be ignored
> unlike "just another one of those UASF proposals" that you might not have
> evaluated or not expect to activate.
>
> This is by the way also a reason that I believe that all nodes and
> services should publish all concensus critical policies that they enforce.
> This would make it far easier to alert somebody that they NEED TO prepare
> for whatever proposal that might conflict with their active policies.
>
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>
>
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