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3
votes
1
answer
696
views
How can I follow the progress of miner signaling for Taproot activation during the Speedy Tr...
How can I follow the progress of miner signaling for Taproot activation during the Speedy Trial deployment? Can I use bitcoin-cli to track the signaling progress?
This was asked by pox on Mastodon and …
1
vote
1
answer
258
views
Taproot activates within the next 2 weeks. What could go wrong and what could be done to red...
According to taproot.watch Taproot activates in approximately 10 days (block 709632) at the time of writing (November 4th 2021). What could go wrong with regards to bad case or worst case scenarios? I …
1
vote
2
answers
282
views
What are the differences between the various MTPs in Bitcoin?
I think there are 3 different MTPs (median time past) in Bitcoin (though this may be incorrect). David Harding said on IRC that there was a MTP in Bitcoin v0.1 (Satoshi's first release). There is also …
0
votes
1
answer
88
views
Could Bitcoin Core leave the lockinontimeout parameter choice entirely to Bitcoin Core users...
There doesn't appear to be overwhelming consensus on the lockinontimeout (LOT) parameter for the Taproot BIP 8 activation mechanism. I know some would strongly argue against doing this but could Bitco …
1
vote
1
answer
53
views
Why does the threshold apply to the MUST_SIGNAL phase in revised BIP 8 (lot=true)? Why doesn...
BIP 8 states that:
During the MUST_SIGNAL phase, if (2016 - threshold) blocks in the
retarget period have already failed to signal, any further blocks that
fail to signal are invalid.
Why doesn't it …
0
votes
1
answer
45
views
Why is there no forced signaling during the LOCKED_IN phase of BIP 8(LOT=true)?
Why is there no forced signaling during the LOCKED_IN phase of BIP 8(LOT=true)?
During the MUST_SIGNAL phase of BIP 8(LOT=true) a threshold of miners have to signal. The next phase after MUST_SIGNAL i …
3
votes
2
answers
338
views
Should block height or MTP or a mixture of both be used in a soft fork activation mechanism?
Should block height or MTP (median time past defined in BIP 113) or a mixture of both be used in an activation mechanism like BIP 8 or BIP 9 for defining the timings of the state transitions?
What are …
1
vote
2
answers
240
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 th …
2
votes
0
answers
115
views
Could the Lightning Network encounter any problems as a result of Taproot activating?
I was reading this excellent write up from Laolu Osuntokun on how the light client protocol Neutrino encountered a Taproot related issue on testnet. (Taproot is already active on testnet.)
Could the L …
1
vote
1
answer
142
views
What is the point of miner signaling in a soft fork activation mechanism? What should the th...
What is the point of miner signaling in a soft fork activation mechanism? What should the threshold be on miner signaling?
The second part of this question was asked by devrandom on IRC.
A question on …
1
vote
2
answers
208
views
Is there network split risk for Taproot activation with two releases (Bitcoin Core and Bitco...
In this article from Aaron van Wirdum he states there is a risk of a network split with two releases (Bitcoin Core and Bitcoin Taproot) not following exactly the same activation mechanism(s)? Is this …