RE: BITCOIN SOFT FORK CHATTER
- I DO NOT THINK THERE WILL BE MOTIVATION TO ACTIVATE A SOFT FORK TO “IMPROVE SELF CUSTODY” UNLESS FEE RATES RISE SIGNIFICANTLY.
- A MINORITY SOFT FORK PUSHED THROUGH WITHOUT CLEAR CONSENSUS CAN BE QUITE DANGEROUS. COULD CAUSE AN UNINTENDED HARD FORK. MOST TECHNICAL PARTICIPANTS REALIZE THIS AND WOULD NOT TRY.
- BITCOIN STAKEHOLDERS ARE MORE DIVERSE THAN THEY HAVE EVER BEEN. PRETTY MUCH GUARANTEES ALL CURRENT PROPOSALS WOULD BE CONTENTIOUS.
- IN THIS ENVIRONMENT AND GOING FORWARD I ACTUALLY LEAN TOWARD RESPONSIBLE HARD FORKS WITH FAR OUT FLAG DAYS MEASURING IN YEARS OR DECADES, NOT MONTHS, AND REPLAY PROTECTION.
- A MINORITY CAN HARD FORK SAFELY. ANYONE CAN HARD FORK WITHOUT PERMISSION. IT IS OPT IN. NO FUNDS AT RISK.
- I DO NOT CURRENTLY SUPPORT ANY PROPOSALS. IF THERE WERE A FORK TODAY I WOULD NOT FOLLOW IT.
ODELL
npub1qn…w95gx
2024-11-25 00:04:41
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxPublished at
2024-11-25 00:04:41Event JSON
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"content": "RE: BITCOIN SOFT FORK CHATTER\n\n- I DO NOT THINK THERE WILL BE MOTIVATION TO ACTIVATE A SOFT FORK TO “IMPROVE SELF CUSTODY” UNLESS FEE RATES RISE SIGNIFICANTLY.\n\n- A MINORITY SOFT FORK PUSHED THROUGH WITHOUT CLEAR CONSENSUS CAN BE QUITE DANGEROUS. COULD CAUSE AN UNINTENDED HARD FORK. MOST TECHNICAL PARTICIPANTS REALIZE THIS AND WOULD NOT TRY.\n\n- BITCOIN STAKEHOLDERS ARE MORE DIVERSE THAN THEY HAVE EVER BEEN. PRETTY MUCH GUARANTEES ALL CURRENT PROPOSALS WOULD BE CONTENTIOUS.\u2028\u2028\n\n- IN THIS ENVIRONMENT AND GOING FORWARD I ACTUALLY LEAN TOWARD RESPONSIBLE HARD FORKS WITH FAR OUT FLAG DAYS MEASURING IN YEARS OR DECADES, NOT MONTHS, AND REPLAY PROTECTION.\n\n- A MINORITY CAN HARD FORK SAFELY. ANYONE CAN HARD FORK WITHOUT PERMISSION. IT IS OPT IN. NO FUNDS AT RISK.\n\n- I DO NOT CURRENTLY SUPPORT ANY PROPOSALS. IF THERE WERE A FORK TODAY I WOULD NOT FOLLOW IT.",
"sig": "86ecf59d73816f2d8b7c1f4d74580c57d0f741b98490ac06dd67990988b1ff08d886ae8037dfecd9c28d361b9c072e798072745b24e9046c9fb7014cd2d4eeba"
}