Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Taproot proposal
by
acquafredda
on 04/02/2021, 17:26:35 UTC
⭐ Merited by fillippone (2)
Is it not amusing to read Taproot related news on Coindesk's main page? Interesting recap for the non-technical fellows like myself about the latest dev meeting on taproot and its activation.
https://www.coindesk.com/taproot-bitcoin-upgrade-activation-update

Quote
The chain split scenario that willcl_ark described is basically the bogeyman everyone wants to avoid here. The fear is that BIP8 (true) requires 100% of hashrate to signal for the upgrade after the Taproot activation deadline ends. Thus, if enough users went this route at the same time that others use BIP8 (false) for non-forced activation (which only requires 95% of hashrate), the two different code versions may create two incompatible histories of Bitcoin’s transaction ledger.
This part was the most interesting and I do hope we will not have to see such a detrimental scenario.