Peter Todd [ARCHIVE] on Nostr: π
Original date posted:2015-10-06 π Original message:On Mon, Oct 05, 2015 at ...
π
Original date posted:2015-10-06
π Original message:On Mon, Oct 05, 2015 at 05:19:06PM -0700, Mark Friedenbach via bitcoin-dev wrote:
> Alex, decreasing granularity is a soft-fork, increasing is a hard-fork.
> Therefore I've kept the highest possible precision (1 second, 1 block) with
> the expectation that at some point in the future if we need more low-order
> bits we can soft-fork them to other purposes, we can decrease granularity
> at that time.
You should write that up in the BIP, along with a description of how
exactly that would go; I suspect the most obvious way of dong that
upgrade - just increase precision for everyone - would break
compatbility too much to be practical.
--
'peter'[:-1]@petertodd.org
000000000000000010734953ce486a820b6f7907e879b1b6e30fccf603098bef
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Published at
2023-06-07 17:42:27Event JSON
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Original date posted:2015-10-06\nπ Original message:On Mon, Oct 05, 2015 at 05:19:06PM -0700, Mark Friedenbach via bitcoin-dev wrote:\n\u003e Alex, decreasing granularity is a soft-fork, increasing is a hard-fork.\n\u003e Therefore I've kept the highest possible precision (1 second, 1 block) with\n\u003e the expectation that at some point in the future if we need more low-order\n\u003e bits we can soft-fork them to other purposes, we can decrease granularity\n\u003e at that time.\n\nYou should write that up in the BIP, along with a description of how\nexactly that would go; I suspect the most obvious way of dong that\nupgrade - just increase precision for everyone - would break\ncompatbility too much to be practical.\n\n-- \n'peter'[:-1]@petertodd.org\n000000000000000010734953ce486a820b6f7907e879b1b6e30fccf603098bef\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 650 bytes\nDesc: Digital signature\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151006/54e180b3/attachment-0001.sig\u003e",
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