Post
Topic
Board Bitcoin Discussion
Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB)
by
freedomno1
on 08/03/2017, 07:42:06 UTC
Code them up together, but allow each component to be activated *separately* thus allowing clients to choose which component they wish to support... I suspect support for BIP102 will be a lot higher now (yes I know about quadratic scaling issue.)

When you get a transaction stuck on the chain for days on end with the standard fee and you have a two to three hour window to lock in a rate on a Bitcoin exchange to convert to fiat.
Yep BIP102 most certainly will start acquiring more support from the average users.

On the topic of compromise if people can get the support to do this scaling compromise then sure lets go with it.
In the end as long as the block-size rises in the short term we can keep kicking the bucket and that works for now.

While were at it someone could make a MSR on what Bitcoin's operating requirement is for the Chinese miners.

I worry that a scaling compromise may be just perpetual kicking  of the can and if we can't even kick the can we may really just end up with two chains.
A hard-fork may be the only way we will see consensus, as the capabilities and requirements where the miners are located is part of the current issue and a stakeholder mandate is needed not just a miner one.
https://randomoracle.wordpress.com/2016/01/25/observations-on-bitcoins-scaling-challenge/




No one would want to do a purposeful bilaterial hardfork since then there will be time to
protect against such an situation and economies will be able to choose one or the other.
Bilaterial fork is when two parties agree to disagree. A controversial hardfork is by its
nature malicious since it will cause issues if performed correctly.

The real difference is that one is programmed to split and the other is an accidental split
that is purposefully attempting to maintain an invalid chain to the point in which it may
become a valid chain. In this event, malicious miners could in theory, with enough hash,
continue indefinitely, never needing to provide forewarning, like a bilaterial.

A controversial hardfork is malicious. A Bilateral hardfork in theory, is not.


I agree no one would want to do a purposeful hardfork if it can be resolved with a soft-fork but someone would at least try to get a general feel of the best solution in the case that a hardfork is the resulting outcome.

As you pointed out there are two clear development paths.

 - BU's fundamental purpose is Semi-Unrestricted block building (accelerates network centralization).
This is to bring about a more currency like device now, instead of later.
They do not mind network centralization or do deny/ignore its possibility of occurrence.

 - CORE's fundamental purpose is Semi-Restricted block building (preserves network decentralization).
This is to maintain the unregulatibility and other like aspects now and later.
They do not mind slowed user growth or high fees or do deny/ignore their possible impacts.

Whether it becomes two over one and we see a bi-lateral hardfork is what the real question is.


(Mumble sometimes someone bumps an old post and necros but this one is relevant to today)
https://bitcointalk.org/index.php?topic=48.0