From: Btc Drak <btcdrak@gmail•com>
To: Pieter Wuille <pieter.wuille@gmail•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>,
Gregory Maxwell <gmaxwell@gmail•com>
Subject: Re: [bitcoin-dev] Capacity increases for the Bitcoin system.
Date: Mon, 21 Dec 2015 05:21:55 +0000 [thread overview]
Message-ID: <CADJgMzuk9Q09AnmR5=77p0HfkeUWOTRSNCSkAAQN0zDq4Hsbqw@mail.gmail.com> (raw)
In-Reply-To: <CAPg+sBhQN2HDvH8dfq2VsQ0dTA9V=HgQsCJdP6B72fj1SDA4yw@mail.gmail.com>
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On Mon, Dec 21, 2015 at 4:33 AM, Pieter Wuille via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org> wrote:
> On Tue, Dec 8, 2015 at 6:07 AM, Wladimir J. van der Laan wrote:
> > On Mon, Dec 07, 2015 at 10:02:17PM +0000, Gregory Maxwell via
> bitcoin-dev wrote:
> >> TL;DR: I propose we work immediately towards the segwit 4MB block
> >> soft-fork which increases capacity and scalability, and recent speedups
> >> and incoming relay improvements make segwit a reasonable risk. BIP9
> >> and segwit will also make further improvements easier and faster to
> >> deploy. We’ll continue to set the stage for non-bandwidth-increase-based
> >> scaling, while building additional tools that would make bandwidth
> >> increases safer long term. Further work will prepare Bitcoin for further
> >> increases, which will become possible when justified, while also
> providing
> >> the groundwork to make them justifiable.
> >
> > Sounds good to me.
>
> Better late than never, let me comment on why I believe pursuing this plan
> is important.
>
> For months, the block size debate, and the apparent need for agreement on
> a hardfork has distracted from needed engineering work, fed the external
> impression that nothing is being done, and generally created a toxic
> environment to work in. It has affected my own productivity and health, and
> I do not think I am alone.
>
> I believe that soft-fork segwit can help us out of this deadlock and get
> us going again. It does not require the pervasive assumption that the
> entire world will simultaneously switch to new consensus rules like a
> hardfork does, while at the same time:
> * Give a short-term capacity bump
> * Show the world that scalability is being worked on
> * Actually improve scalability (as opposed to just scale) by reducing
> bandwidth/storage and indirectly improving the effectiveness of systems
> like Lightning.
> * Solve several unrelated problems at the same time (fraud proofs, script
> extensibility, malleability, ...).
>
> So I'd like to ask the community that we work towards this plan, as it
> allows to make progress without being forced to make a possibly divisive
> choice for one hardfork or another yet.
>
Thank you for saying this. I also think the plan is solid and delivers
multiple benefits without being contentious. The number of wins are so
numerous, it's frankly a no-brainer.
I guess the next step for segwit is a BIP and deployment on a testnet?
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next prev parent reply other threads:[~2015-12-21 5:22 UTC|newest]
Thread overview: 56+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-12-07 22:02 Gregory Maxwell
2015-12-07 22:54 ` Bryan Bishop
2015-12-08 2:42 ` Anthony Towns
2015-12-08 4:58 ` Anthony Towns
2015-12-08 5:21 ` Gregory Maxwell
2015-12-08 6:54 ` Anthony Towns
2016-01-18 12:02 ` Anthony Towns
2016-01-22 9:46 ` Anthony Towns
2015-12-08 11:07 ` Wladimir J. van der Laan
2015-12-08 11:14 ` Jorge Timón
2015-12-08 15:12 ` Gavin Andresen
2015-12-08 15:55 ` Justus Ranvier
2015-12-08 17:41 ` Mark Friedenbach
2015-12-08 18:43 ` Justus Ranvier
2015-12-08 19:08 ` Tier Nolan
2015-12-08 19:31 ` Gregory Maxwell
2015-12-08 23:40 ` Jonathan Toomim
2015-12-08 23:48 ` Luke Dashjr
2015-12-09 0:54 ` Jonathan Toomim
2015-12-08 23:50 ` Jorge Timón
2015-12-09 0:56 ` Jonathan Toomim
2015-12-08 23:59 ` Gregory Maxwell
2015-12-09 0:58 ` Jorge Timón
2015-12-09 1:02 ` Jorge Timón
2015-12-09 1:09 ` Gavin Andresen
2015-12-09 1:31 ` Gregory Maxwell
2015-12-09 4:44 ` Ryan Butler
2015-12-09 6:29 ` Gregory Maxwell
2015-12-09 6:36 ` Ryan Butler
2015-12-09 6:59 ` Mark Friedenbach
2015-12-09 7:17 ` Gregory Maxwell
2015-12-09 7:54 ` Jorge Timón
2015-12-09 8:03 ` Gregory Maxwell
2015-12-09 8:46 ` Mark Friedenbach
2015-12-09 11:08 ` Jorge Timón
2015-12-09 16:40 ` Gavin Andresen
2015-12-11 16:18 ` Jorge Timón
2015-12-11 16:43 ` Gavin Andresen
2015-12-12 5:13 ` digitsu
2015-12-12 15:18 ` Mark Friedenbach
2015-12-14 11:21 ` Jonathan Toomim
2015-12-14 12:44 ` Adam Back
2015-12-09 4:51 ` Anthony Towns
2015-12-09 14:51 ` Chris
[not found] ` <CAPWm=eUomq6SBC0ky0WSs5=_G942vigm4RmgYuq0O-yJ-vqC2A@mail.gmail.com>
[not found] ` <CAPg+sBig9O5+he0PWhTkX5iin14QLz5+eCCu6KfwU=DxntKYtg@mail.gmail.com>
2015-12-21 4:33 ` Pieter Wuille
2015-12-21 4:42 ` Justus Ranvier
2015-12-21 4:44 ` Alex Morcos
2015-12-21 4:50 ` Mark Friedenbach
2015-12-21 5:29 ` Douglas Roark
2015-12-21 5:21 ` Btc Drak [this message]
2015-12-21 8:07 ` Anthony Towns
2015-12-21 9:56 ` Jorge Timón
2015-12-08 23:48 ` Jonathan Toomim
2015-12-09 0:23 ` Gregory Maxwell
[not found] ` <CAAS2fgRP8bLWZoKR9-iJS-2RKTGQQ9NG-LpAfa2BOdcR=GuB_A@mail.gmail.com>
2015-12-09 0:40 ` Jonathan Toomim
2015-12-09 12:28 Daniele Pinna
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