Michael Folkson [ARCHIVE] on Nostr: đź“… Original date posted:2021-03-01 đź“ť Original message:It is approximately 8 ...
đź“… Original date posted:2021-03-01
đź“ť Original message:It is approximately 8 months since Steve Lee formally kicked off the
Taproot activation discussion by setting up the ##taproot-activation
IRC channel. Obviously there was discussion that considerably predates
that but that was the first recognition that there needed to be a
focus towards a solution rather than endless circular debates.
Eight months on it appears there are some who think there is a
philosopher’s stone still out there that will garner 100 percent
consensus and contain zero chain split risk in the worst case
scenario. A philosopher’s stone that us mere mortals have failed to
find in these 8 months.
While I would be delighted if this philosopher’s stone is found (and
all are free to continue looking) I think it is prudent at this point
to step away from the circular arguments and build on the progress we
have made in these last 8 months. We have effectively achieved
overwhelming consensus on the activation mechanism (BIP 8) and all of
the parameters apart from one (lockinontimeout or LOT). Again I’d like
to thank the people who have put hours of work into getting to this
point. It is thankless work and it is probably the last thing any of
us want to be doing.
At this point it is unclear whether Bitcoin Core will be able to
release any activation code whatsoever due to disagreement logjams.
Personally I hope they do but again it is prudent to prepare for the
scenario where Core is unable to. Hence I and others have assessed
that our energies are better spent working on a community release
implementing LOT=true in a similar spirit to 2017’s UASF effort. I say
similar as this time there really is no need for any antagonism.
Approximately 90 percent of mining pools (taprootactivation.com) have
declared support and there is overwhelming community consensus to
activate Taproot. In the absence of a Core release with activation
code I hope and expect all users (including miners) to consider
supporting this UASF release and consider running it to activate
Taproot.
TL;DR Tomorrow (Tuesday) we are holding a kick off meeting for this
UASF (LOT=true) effort on the ##uasf IRC channel at 19:00 UTC. Please
consider attending and supporting this effort to get Taproot
activated. It would be great to get users from the 2017 effort
involved in addition to recent Taproot proponents from all parts of
our community. The future of Bitcoin’s scalability and privacy depends
on, as it always has, on you the user.
--
Michael Folkson
Email: michaelfolkson at gmail.com
Keybase: michaelfolkson
PGP: 43ED C999 9F85 1D40 EAF4 9835 92D6 0159 214C FEE3
Published at
2023-06-07 18:29:46Event JSON
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"content": "📅 Original date posted:2021-03-01\n📝 Original message:It is approximately 8 months since Steve Lee formally kicked off the\nTaproot activation discussion by setting up the ##taproot-activation\nIRC channel. Obviously there was discussion that considerably predates\nthat but that was the first recognition that there needed to be a\nfocus towards a solution rather than endless circular debates.\n\nEight months on it appears there are some who think there is a\nphilosopher’s stone still out there that will garner 100 percent\nconsensus and contain zero chain split risk in the worst case\nscenario. A philosopher’s stone that us mere mortals have failed to\nfind in these 8 months.\n\nWhile I would be delighted if this philosopher’s stone is found (and\nall are free to continue looking) I think it is prudent at this point\nto step away from the circular arguments and build on the progress we\nhave made in these last 8 months. We have effectively achieved\noverwhelming consensus on the activation mechanism (BIP 8) and all of\nthe parameters apart from one (lockinontimeout or LOT). Again I’d like\nto thank the people who have put hours of work into getting to this\npoint. It is thankless work and it is probably the last thing any of\nus want to be doing.\n\nAt this point it is unclear whether Bitcoin Core will be able to\nrelease any activation code whatsoever due to disagreement logjams.\nPersonally I hope they do but again it is prudent to prepare for the\nscenario where Core is unable to. Hence I and others have assessed\nthat our energies are better spent working on a community release\nimplementing LOT=true in a similar spirit to 2017’s UASF effort. I say\nsimilar as this time there really is no need for any antagonism.\nApproximately 90 percent of mining pools (taprootactivation.com) have\ndeclared support and there is overwhelming community consensus to\nactivate Taproot. In the absence of a Core release with activation\ncode I hope and expect all users (including miners) to consider\nsupporting this UASF release and consider running it to activate\nTaproot.\n\nTL;DR Tomorrow (Tuesday) we are holding a kick off meeting for this\nUASF (LOT=true) effort on the ##uasf IRC channel at 19:00 UTC. Please\nconsider attending and supporting this effort to get Taproot\nactivated. It would be great to get users from the 2017 effort\ninvolved in addition to recent Taproot proponents from all parts of\nour community. The future of Bitcoin’s scalability and privacy depends\non, as it always has, on you the user.\n\n-- \nMichael Folkson\nEmail: michaelfolkson at gmail.com\nKeybase: michaelfolkson\nPGP: 43ED C999 9F85 1D40 EAF4 9835 92D6 0159 214C FEE3",
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