Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn response to "An Open Letter to the Bitcoin Community"
by
agath
on 03/09/2015, 00:33:04 UTC
A Proposal for the Consensus Building Process:

1) All BIP's have equal weight in the voting process.

2)Miners vote with each newly mined Block.

3) BIPs are revised and amended according to argument and reservations submitted so that they are molded into the best possible versions that everyone is happy with.

4) Once 75% of blocks mined within the last 1000 blocks is in support of one BIP, an alert is sent out to everyone indicating that they should switch over to supporting this BIP.

5) Once 90% of blocks mined within the last 1000 blocks indicates support of the BIP the debate is over and the new BIP is implemented, all blocks that do not include the new BIP protocol changes are after that point rejected.


Historically the threshold has been 95% such as with BIP69, but I suggest lowering that to 90%. Agree? Disagree?

A few of us are working on creating an Open Letter to the Devs from The Bitcoin Community which will include this proposal. If you would like to help us shape this document PM me and I will send you a link to the Google Doc so you can help us write the letter.

What if someone implements a BIP that "establishes that consensus should be aknowledged with only 100 out of 1000 blocks", and this BIP gets >90% of the last blocks mined? :-)