Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Taproot proposal
by
Wind_FURY
on 03/03/2021, 10:16:09 UTC
⭐ Merited by JayJuanGee (1)

This upgrade is becoming more, and more complex than I thought. I was just trolling “in hoping” to see another drama between the miners, and the community again. I am starting to regret that Haha.

Here’s an link about LOT by Bitcoin Magazine, it’s confusing, https://bitcoinmagazine.com/technical/lottrue-or-lotfalse-this-is-the-last-hurdle-before-taproot-activation

Quote

But if less than half of all miners use LOT=true and the signaling period expires, the Bitcoin blockchain could “split” between LOT=true and LOT=false nodes. LOT=true nodes would only accept signaling blocks, even if non-signaling blocks make a longer blockchain. They would essentially be on their own “LOT=true chain.” LOT=false nodes, meanwhile, would reject the LOT-true chain in favor of the longer “LOT=false chain.”


Why didn’t the developers keep it simple, and have LOT=true as the default? Close to 90% of the miners already support Taproot, https://taprootactivation.com/