Questions tagged [activation-mechanism]

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2
votes
2answers
245 views

How does a miner put his vote for certain BIP?

I understand that a miner is the only one who can vote for a certain BIP, but I'm wondering, how do they technically do that? How do they submit their vote? I found out that they are doing it through ...
17
votes
2answers
1k views

What is the User Activated Softfork (UASF) proposal? How do its risks compare to hardforks?

The Bitcoin community is abuzz with discussion about shaolinfry's proposal of a UASF to activate SegWit as an alternative to the Version Bits activation. I've seen frequent and extensive discussion of ...
6
votes
1answer
110 views

How do we know which soft-forks were implemented using User-Activated Soft Fork or Miner-Activated Soft Fork?

This seems to be the most common definition When a majority of miners upgrade to enforce new rules, it is called a miner-activated soft fork (MASF). When full nodes coordinate to enforce new rules, ...
3
votes
1answer
175 views

What are the risks of a lower-than-95% activation threshold for soft forks (particularly SegWit)?

95% seems exceptionally conservative, especially given the evidence of vetoing by a subset of Bitcoin miners. What risks does, say, 60% over a longer activation period hold vs 95% for SegWit?
1
vote
2answers
202 views

What is the benefit of forced signaling in a soft fork activation mechanism?

What is the benefit of forced signaling in a soft fork activation mechanism? e.g. the MUST_SIGNAL phase in revised BIP 8. I understand the benefits of setting lockinontimeout (LOT) to true (some of ...
0
votes
1answer
47 views

Why are transactions not used for signalling?

Currently miners can signal for certain BIP proposals. But users cannot signal, that's why they need to indirectly force miners to vote for them, using UASF's. But why are transactions not used for ...