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Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Swift Activation - CTV
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Hi Bitcoin Developers,
I think CTV is not ready for activation yet. Although I want it to be activ=
ated and use payment pools, we still have some work to do and AJ is correct=
that we need to build more apps that use CTV on signet.
Reasons:
- Apart from a few PoCs that do not achieve anything big on mainnet, nobody=
has tried to build PoC for a use case that solves real problems
- There is a bounty of 0.01 BTC to 1 BTC for creating such PoCs: https://bi=
pbounty.org/bounties/1e101655-bad8-5147-82f7-f03145d567af/
- Some developers think TXHASH fixes all the issues although it doesn't so =
they need to be reviewed, tested and discussed
- There is no clarity on activation method for CTV
- Many users and developers believe timeline for activation is too aggressi=
ve, we should be patient and give more time for start and delay activation =
for 2 years
_reardencode_ is working on something which might improve things for CTV an=
d covenants in general.
I have created an issue and if someone could close it with a PR that would =
be helpful: https://github.com/bitcoin-inquisition/bitcoin/issues/44
I apologize if my email caused any drama although most personal attacks wer=
e targeted towards people supporting CTV including me. Maybe one day we wil=
l have covenants on bitcoin to improve scaling and privacy.
/dev/fd0
floppy disk guy
Sent with Proton Mail secure email.
On Friday, December 22nd, 2023 at 1:56 AM, alicexbt via bitcoin-dev <bitcoi=
n-dev@lists.linuxfoundation.org> wrote:
> Hi Luke,
>=20
> This is not the first time I am writing this but you keep ignoring it and=
threaten with URSF. Please build BIP 8 client with LOT=3DTRUE if you think=
its the best way to activate and share it so that users can run it.
>=20
> I had created this branch specifically for it but needed help which I did=
n't get: https://github.com/xbtactivation/bitcoin/tree/bip8-ctv
>=20
> Discussing trade-offs involved in different activation methods and provid=
ing options to users is not an attack.
>=20
> /dev/fd0
> floppy disk guy
>=20
> Sent with Proton Mail secure email.
>=20
>=20
> On Friday, December 22nd, 2023 at 1:05 AM, Luke Dashjr luke@dashjr.org wr=
ote:
>=20
>=20
>=20
> > This IS INDEED an attack on Bitcoin. It does not activate CTV - it woul=
d
> > (if users are fooled into using it) give MINERS the OPTION to activate
> > CTV. Nobody should run this, and if it gets any traction, it would
> > behoove the community to develop and run a "URSF" making blocks
> > signalling for it invalid.
> >=20
> > Luke
> >=20
> > On 12/19/23 20:44, alicexbt via bitcoin-dev wrote:
> >=20
> > > Hello World,
> > >=20
> > > Note: This is not an attack on bitcoin. This is an email with some te=
xt and links. Users can decide what works best for themselves. There is als=
o scope for discussion about changing method or params.
> > >=20
> > > I want to keep it short and no energy left. I have explored different=
options for activation and this feels the safest at this point in 2023. I =
have not done any magic or innovation but updated activation params. If you=
agree with them, please run this client else build your own. Anyone who ca=
lls this attack and do not build alternative option is an attack in itself.
> > >=20
> > > It activates CTV which is simple covenant proposal and achieves what =
we expect it to. It is upgradeable. I like simple things, at least to start=
with.
> > >=20
> > > Activation parameters:
> > >=20
> > > `consensus.vDeployments[Consensus::DEPLOYMENT_COVTOOLS].nStartTime =
=3D 1704067200; consensus.vDeployments[Consensus::DEPLOYMENT_COVTOOLS].nTim=
eout =3D 1727740800; consensus.vDeployments[Consensus::DEPLOYMENT_COVTOOLS]=
.min_activation_height =3D 874874;`
> > >=20
> > > I need payment pools and it does it for me. Apart from that it enable=
s vaults, congestion control etc. We have more PoCs for CTV than we had for=
taproot and I understand it better.
> > >=20
> > > If you agree with me, please build and run this client before 01 Jan =
2024 else we can discuss ordinals for next 5 years and activate something i=
n 2028.
> > >=20
> > > Cheers
> > >=20
> > > /dev/fd0
> > > floppy disk guy
> > >=20
> > > Sent with Proton Mail secure email.
> > >=20
> > > _______________________________________________
> > > bitcoin-dev mailing list
> > > bitcoin-dev@lists.linuxfoundation.org
> > > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>=20
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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