public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Mark Friedenbach <mark@friedenbach•org>
To: Jacob Eliosoff <jacob.eliosoff@gmail•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Miners forced to run non-core code in order to get segwit activated
Date: Tue, 20 Jun 2017 15:48:23 -0700	[thread overview]
Message-ID: <BC758648-BD4F-4DEF-8B79-7E8E0A887033@friedenbach.org> (raw)
In-Reply-To: <CAAUaCyg2Nmsa2UaO2msBqSFeHLetUUN+cTETvSSmB7c=nH9ZhQ@mail.gmail.com>

[-- Attachment #1: Type: text/plain, Size: 5254 bytes --]

Why do you say activation by August 1st is likely? That would require an entire difficulty adjustment period with >=95% bit1 signaling. That seems a tall order to organize in the scant few weeks remaining. 

> On Jun 20, 2017, at 3:29 PM, Jacob Eliosoff via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
> 
> If segwit is activated before Aug 1, as now seems likely, there will be no split that day.  But if activation is via Segwit2x (also likely), and at least some nodes do & some don't follow through with the HF 3mo later (again, likely), agreed w/ Greg that *then* we'll see a split - probably in Sep/Oct.  How those two chains will match up and how the split will play out is anyone's guess...
> 
> 
> 
> On Jun 20, 2017 6:16 PM, "Hampus Sjöberg via bitcoin-dev" <bitcoin-dev@lists•linuxfoundation.org> wrote:
> > Ironically, it looks like most of the segwit2x signaling miners are
> > faking it (because they're not signaling segwit which it requires).
> > It'll be unfortunate if some aren't faking it and start orphaning
> > their own blocks because they are failing to signal segwit.
> 
> Well, they're doing some kind of "pre-signaling" in the coinbase at the moment, because the segwit2x project is still in alpha-phase according to the timeline. They're just showing commitment.
> I'm sure they will begin signaling on version bit 4/BIP91 as well as actually running a segwit2x node when the time comes.
> 
> 
> > As far as prevent a chain split goes, all those things
> > (148/91/segwit2x(per today)) effectively guarantee a chainsplit-- so I
> > don't think that holds.
> 
> Segwit2x/BIP91/BIP148 will orphan miners that do not run a Segwit2x (or BIP148) node, because they wouldn't have the new consensus rule of requiring all blocks to signal for segwit.
> I don't believe there would be any long lasting chainsplit though (because of the ~80% hashrate support on segwit2x), perhaps 2-3 blocks if we get unlucky.
> 
> Hampus
> 
> 2017-06-20 23:49 GMT+02:00 Gregory Maxwell via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org>:
>> On Tue, Jun 20, 2017 at 3:44 PM, Erik Aronesty via bitcoin-dev
>> <bitcoin-dev@lists•linuxfoundation.org> wrote:
>> > Because a large percentage of miners are indifferent, right now miners have
>> > to choose between BIP148 and Segwit2x if they want to activate Segwit.
>> 
>> Miners can simply continuing signaling segwit, which will leave them
>> at least soft-fork compatible with BIP148 and BIP91 (and god knows
>> what "segwit2x" is since they keep changing the actual definition and
>> do not have a specification; but last I saw the near-term behavior the
>> same as BIP91 but with a radically reduced activation window, so the
>> story would be the same there in the near term).
>> 
>> Ironically, it looks like most of the segwit2x signaling miners are
>> faking it (because they're not signaling segwit which it requires).
>> It'll be unfortunate if some aren't faking it and start orphaning
>> their own blocks because they are failing to signal segwit.
>> 
>> I don't think the rejection of segwit2x from Bitcoin's developers
>> could be any more resolute than what we've already seen:
>> https://en.bitcoin.it/wiki/Segwit_support
>> 
>> On Tue, Jun 20, 2017 at 5:22 PM, Mark Friedenbach via bitcoin-dev
>> <bitcoin-dev@lists•linuxfoundation.org> wrote:
>> > I think it is very naïve to assume that any shift would be temporary.
>> > We have a hard enough time getting miners to proactively upgrade to
>> > recent versions of the reference bitcoin daemon. If miners interpret
>> > the situation as being forced to run non-reference software in order
>> > to prevent a chain split because a lack of support from Bitcoin Core,
>> > that could be a one-way street.
>> 
>> I think this is somewhat naive and sounds a lot like the repeat of the
>> previously debunked "XT" and "Classic" hysteria.
>> 
>> There is a reason that segwit2x is pretty much unanimously rejected by
>> the technical community.  And just like with XT/Classic/Unlimited
>> you'll continue to see a strong correlation with people who are
>> unwilling and unable to keep updating the software at an acceptable
>> level of quality-- esp. because the very founding on their fork is
>> predicated on discarding those properties.
>> 
>> If miners want to go off and create an altcoin-- welp, thats something
>> they can always do,  and nothing about that will force anyone to go
>> along with it.
>> 
>> As far as prevent a chain split goes, all those things
>> (148/91/segwit2x(per today)) effectively guarantee a chainsplit-- so I
>> don't think that holds.
>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev@lists•linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
> 
> 
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
> 
> 
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

[-- Attachment #2: Type: text/html, Size: 7413 bytes --]

  reply	other threads:[~2017-06-20 22:48 UTC|newest]

Thread overview: 18+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-06-20 15:44 Erik Aronesty
2017-06-20 16:49 ` Hampus Sjöberg
2017-06-20 17:22   ` Mark Friedenbach
2017-06-20 21:49 ` Gregory Maxwell
2017-06-20 22:15   ` Hampus Sjöberg
2017-06-20 22:29     ` Jacob Eliosoff
2017-06-20 22:48       ` Mark Friedenbach [this message]
2017-06-20 22:57         ` Jacob Eliosoff
2017-06-20 23:01           ` Jacob Eliosoff
2017-06-21  1:36           ` Erik Aronesty
2017-06-21  2:11             ` Mark Friedenbach
2017-06-21  4:05               ` Jacob Eliosoff
2017-06-27 15:42                 ` Sergio Demian Lerner
2017-06-27 16:31                   ` Jorge Timón
2017-06-27 19:26                     ` Erik Aronesty
2017-06-20 22:34     ` Gregory Maxwell
2017-06-20 22:53       ` Hampus Sjöberg
2017-06-20 19:49 Ryan J Martin

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=BC758648-BD4F-4DEF-8B79-7E8E0A887033@friedenbach.org \
    --to=mark@friedenbach$(echo .)org \
    --cc=bitcoin-dev@lists$(echo .)linuxfoundation.org \
    --cc=jacob.eliosoff@gmail$(echo .)com \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox