And last but not least: It's not clear that everyone agrees Bitcoin should be more private or fungible, which might further complicate rolling out
potential soft forks like these.
During this chat, Dashjr pointed out that the proposed mechanism wouldn't work for
all potential soft forks, like a SegWit soft fork.
In Bitcoin's case, many
potential soft forks fall into this category.
Not exact matches
In October 2015, right between the two Scaling Bitcoin conferences, Bitcoin Core contributors Eric Lombrozo, Pieter Wuille, Wladimir van der Laan and Luke Dashjr discussed a
potential new model for
soft forks on IRC.
«The Bitcoin Core team believes doing a hard
fork at the present time is needlessly risky, and is instead pursuing SegWit via a
soft fork for a similar sized
potential gain in throughput.»
This
soft fork limited the
potential upside of using the covert application of AsicBoost, and it is clear that no one ever used the overt version of AsicBoost on Bitcoin's mainnet.
During his discussion with co-hosts Adam B. Levine and Andreas Antonopoulos, Pair shared his thoughts on the
potential of Bitcoin without any further protocol changes, the issues he sees with Bitcoin Unlimited, and user - activated
soft forks.
Litecoin (and other coins) could become a testbed for the
potential SegWit
soft -
fork on Bitcoin, and could offer a sneak peek as to how this update fares in the real world.
Prior to the activation of the Segregated Witness
soft fork in August 2017, there were concerns about the scalability and malleability of Bitcoin due to the size limit of the blocks and a
potential manipulation of the transaction ID.
published in the first week of 2017, Lee explained that this
potential to create these kinds of «bridges» between cryptocurrencies made him throw his weight behind the Segregated Witness (SegWit)
soft forks on both Litecoin and Bitcoin.
In a Medium post published in the first week of 2017, Lee explained that this
potential to create these kinds of «bridges» between cryptocurrencies made him throw his weight behind the Segregated Witness (SegWit)
soft forks on both Litecoin and Bitcoin.
If the
soft fork activation goes ahead as planned, the community should be prepared for
potential DoS attacks, which would lead to diminished performance for the network.