Why Nostr? What is Njump?
2023-06-07 17:57:48
in reply to

Alex Morcos [ARCHIVE] on Nostr: 📅 Original date posted:2017-03-25 📝 Original message:Surely you are aware that ...

📅 Original date posted:2017-03-25
📝 Original message:Surely you are aware that what you are proposing is vastly different from
the way soft forks have historically worked.

First of all, the bar for miners being on the new chain is extremely high,
95%.

Second of all, soft forks make rule restrictions on classes of transactions
that are already non-standard so that any non-upgraded miners are unlikely
to be including txs in their blocks which would violate the new rules and
should not have their blocks orphaned even after the fork.

Finally, soft forks are designed to only be used when there is a very wide
community consensus and the intention is not to overrule anyone's choice to
remain on the old rules but to ensure the security of nodes that may have
neglected to upgrade. Obviously it is impossible to draw a bright line
between users who intentionally are not upgrading due to opposition and
users that are just being lazy. But in the case of a proposed BU hard fork
it is abundantly clear that there is a very significant fraction, in fact
likely a majority of users who intentionally want to remain on the old
rules.

As a Bitcoin user I find it abhorrent the way you are proposing to
intentionally cripple the chain and rules I want to use instead of just
peacefully splitting.


On Sat, Mar 25, 2017 at 3:28 PM, Peter R via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> One of the purported benefits of a soft-forking change (a tightening of
> the consensus rule set) is the reduced risk of a blockchain split compared
> to a loosening of the consensus rule set. The way this works is that
> miners who fail to upgrade to the new tighter ruleset will have their
> non-compliant blocks orphaned by the hash power majority. This is a strong
> incentive to upgrade and has historically worked well. If a minority
> subset of the network didn’t want to abide by the new restricted rule set,
> a reasonable solution would be for them to change the proof-of-work and
> start a spin-off from the existing Bitcoin ledger (
> https://bitcointalk.org/index.php?topic=563972.0).
>
> In the case of the coming network upgrade to larger blocks, a primary
> concern of both business such as Coinbase and Bitpay, and most miners, is
> the possibility of a blockchain split and the associated confusion, replay
> risk, etc. By applying techniques that are known to be successful for
> soft-forking changes, we can likewise benefit in a way that makes a split
> less likely as we move towards larger blocks. Two proposed techniques to
> reduce the chances of a split are:
>
> 1. That miners begin to orphan the blocks of non-upgraded miners once a
> super-majority of the network hash power has upgraded. This would serve as
> an expensive-to-ignore reminder to upgrade.
>
> 2. That, in the case where a minority branch emerges (unlikely IMO),
> majority miners would continually re-org that minority branch with empty
> blocks to prevent transactions from confirming, thereby eliminating replay
> risk.
>
> Just like after a soft forking change, a minority that does not want to
> abide by the current ruleset enforced by the majority could change the
> proof-of-work and start a spin-off from the existing Bitcoin ledger, as
> suggested by Emin.
>
> Best regards,
> Peter R
>
>
> > On Mar 25, 2017, at 9:12 AM, CANNON via bitcoin-dev <bitcoin-dev at lists.
> linuxfoundation.org> wrote:
> >
> > On 03/24/2017 07:00 PM, Aymeric Vitte wrote:
> >> I don't know what "Time is running short I fear" stands for and when 50%
> >> is supposed to be reached
> >
> > -----BEGIN PGP SIGNED MESSAGE-----
> > Hash: SHA512
> >
> > On 03/24/2017 07:00 PM, Aymeric Vitte wrote: > I don't know what
> > "Time is running short I fear" stands for and when 50% > is supposed
> > to be reached
> >
> > According to current hashrate distribution tracking site coin.dance,
> > very likely within less than four weeks according to current hashrate
> > takeover rate.
> >
> > While a fork is very likely, that I dont really fear because worst
> > case scenario is that bitcoin still survives and the invalid chain
> > becomes an alt. My fear is the centralized mining power being used
> > to attack the valid chain with intentions on killing it. [1]
> >
> > Shouldn't this 50% attack they are threatening be a concern? If it
> > is a concern, what options are on the table. If it is not a concern
> > please enlightent me as to why.
> >
> >
> > [1] Source:
> > https://www.reddit.com/r/Bitcoin/comments/6172s3/peter_
> rizun_tells_miners_to_force_a_hard_fork_by/
> >
> > Text:
> >
> > The attack quoted from his article:
> > https://medium.com/@peter_r/on-the-emerging-consensus-
> regarding-bitcoins-block-size-limit-insights-from-my-visit-
> with-2348878a16d8
> >
> > [Level 2] Anti-split protection Miners will orphan the
> > blocks of non-compliant miners prior to the first larger block
> > to serve as a reminder to upgrade. Simply due to the possibility
> > of having blocks orphaned, all miners would be motivated to
> > begin signalling for larger blocks once support definitively
> > passes 51%. If some miners hold out (e.g., they may not be
> > paying attention regarding the upgrade), then they will begin
> > to pay attention after losing approximately $15,000 of revenue
> > due to an orphaned block.
> >
> > [Level 3] Anti-split protection In the scenario where Levels
> > 1 and 2 protection fails to entice all non-compliant miners to
> > upgrade, a small-block minority chain may emerge. To address the
> > risk of coins being spent on this chain (replay risk), majority
> > miners will deploy hash power as needed to ensure the minority
> > chain includes only empty blocks after the forking point. This
> > can easily be accomplished if the majority miners maintain a
> > secret chain of empty blocks built off their last empty
> > block publishing only as much of this chain as necessary
> > to orphan any non-empty blocks produced on the minority chain.
> >
> >
> >
> >
> > - --
> > Cannon
> > PGP Fingerprint: 2BB5 15CD 66E7 4E28 45DC 6494 A5A2 2879 3F06 E832
> > Email: cannon at cannon-ciota.info
> >
> > NOTICE: ALL EMAIL CORRESPONDENCE NOT SIGNED/ENCRYPTED WITH PGP SHOULD
> > BE CONSIDERED POTENTIALLY FORGED, AND NOT PRIVATE.
> > If this matters to you, use PGP.
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> >
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