Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

I think we should not switch to Proof of Stake system. in Proof of Stake system, the one with more voting power tend to protect their investment and that will stop others from competing with them. they will use the voting power to make entering barrier, limiting the competition is bad for bitcoin

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Seems functional as a way for the economy to signal, but signaling is only an expression of intent to participate, not actual participation. One can signal and then not participate, as we see with hash rate signaling. Today we see people complaining about miner control, because hash rate is cen

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Will there be a “Do nothing” soft fork, showing that the community can still moving forward? So all the nodes get to upgrade to use tx version 2, and that avoid a chain split. Are you support that or against that, why? Regards, LIN Zheming > 在 2017年6月15日，上午4:11，Jameson Lopp 写道： > > > > O

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

> How does the users show their opinion? They can fork away and leave. But what remains will be united. Are you afraid of the united users or the fork? I had proposed earlier and maintain that "UTXO bits" can be used to allow coordinated user participation activation thresholds akin to other hashp

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

> On Jun 14, 2017, at 9:55 PM, Jameson Lopp via bitcoin-dev > wrote: > > > >> On Wed, Jun 14, 2017 at 11:29 AM, Zheming Lin wrote: >> Hi Jameson: >> >>> 在 2017年6月15日，01:20，Jameson Lopp 写道： >>> >>> >>> >>> On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoin-dev >>> wrote: >

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Wed, Jun 14, 2017 at 12:04 PM, Zheming Lin wrote: > Hi Jameson: > > 在 2017年6月15日，02:55，Jameson Lopp 写道： > > > > On Wed, Jun 14, 2017 at 11:29 AM, Zheming Lin wrote: > >> Hi Jameson: >> >> 在 2017年6月15日，01:20，Jameson Lopp 写道： >> >> >> >> On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoi

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi Jameson: > 在 2017年6月15日，02:55，Jameson Lopp 写道： > > > > On Wed, Jun 14, 2017 at 11:29 AM, Zheming Lin > wrote: > Hi Jameson: > >> 在 2017年6月15日，01:20，Jameson Lopp > > 写道： >> >> >> >> On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi Jameson: > 在 2017年6月15日，01:20，Jameson Lopp > 写道： > > > > On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoin-dev > > wrote: > > > > 在 2017年6月14日，02:11，Gregory Maxwell mailto:g...@xiph.org>> > > 写道： > > >

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi Jameson: > 在 2017年6月15日，01:20，Jameson Lopp > 写道： > > > > On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoin-dev > > wrote: > > > > 在 2017年6月14日，02:11，Gregory Maxwell mailto:g...@xiph.org>> > > 写道： > > >

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Wed, Jun 14, 2017 at 11:29 AM, Zheming Lin wrote: > Hi Jameson: > > 在 2017年6月15日，01:20，Jameson Lopp 写道： > > > > On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoin-dev lists.linuxfoundation.org> wrote: > >> >> >> > 在 2017年6月14日，02:11，Gregory Maxwell 写道： >> > >> > On Tue, Jun 13, 2017 a

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Wed, Jun 14, 2017 at 9:39 AM, Zheming Lin via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > > > > 在 2017年6月14日，02:11，Gregory Maxwell 写道： > > > > On Tue, Jun 13, 2017 at 2:23 AM, Zheming Lin via bitcoin-dev > > wrote: > >> The BIP is described using Chinese and English. If any

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

> 在 2017年6月14日，02:11，Gregory Maxwell 写道： > > On Tue, Jun 13, 2017 at 2:23 AM, Zheming Lin via bitcoin-dev > wrote: >> The BIP is described using Chinese and English. If any part is missing or >> need more specific, please reply. Forgive for my poor English. > > Your English is much better th

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

> and allows for resource requirements > that are too high for many users to validate. The block size settings > there are effectively placebo controls. Right, but that's my point. Any level of control the fullnodes believe they have is effectively a placebo, unless the opposition to the miners i

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Tue, Jun 13, 2017 at 2:35 PM, Jared Lee Richardson wrote: >> Wallet nodes being able to fully validate and choose whether or not to > accept a particular chain is an important part of bitcoins security > model. > > What you're describing is effectively the same as BU. BU by default uses an "Ac

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

> Wallet nodes being able to fully validate and choose whether or not to accept a particular chain is an important part of bitcoins security model. What you're describing is effectively the same as BU. Nodes follow chains, they do not decide the victor. The average user follows the default of th

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Tue, Jun 13, 2017 at 2:23 AM, Zheming Lin via bitcoin-dev wrote: > The BIP is described using Chinese and English. If any part is missing or > need more specific, please reply. Forgive for my poor English. Your English is much better than my Chinese. Thank you for taking the time to write th

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Tue, Jun 13, 2017 at 3:24 AM, Zheming Lin via bitcoin-dev wrote: > Hi all the developers: > > I must clarify that despite the general ideas comes from discussions with > others. The opinion in replies are only limited to my self. > > The old TXs can be re-enable after the fourth stage and just

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi all the developers: I must clarify that despite the general ideas comes from discussions with others. The opinion in replies are only limited to my self. The old TXs can be re-enable after the fourth stage and just like **nothing happened** with the grace periods. The code can be provided wi

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi James: > 在 2017年6月13日，15:19，James Hilliard 写道： > > On Tue, Jun 13, 2017 at 1:50 AM, Zheming Lin > wrote: >> Hi James: >> >> Thank you very much for detailed feedback. Sorry for my understanding of >> English being poor. I’ll try to answer that. >> >> >> 在 2017年6月1

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

Hi James: Thank you very much for detailed feedback. Sorry for my understanding of English being poor. I’ll try to answer that. > 在 2017年6月13日，13:44，James Hilliard 写道： > > On Mon, Jun 12, 2017 at 9:23 PM, Zheming Lin via bitcoin-dev > > wrote: >>

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Tue, Jun 13, 2017 at 3:13 AM, Zheming Lin wrote: > Hi James: > > 在 2017年6月13日，15:19，James Hilliard 写道： > > On Tue, Jun 13, 2017 at 1:50 AM, Zheming Lin wrote: > > Hi James: > > Thank you very much for detailed feedback. Sorry for my understanding of > English being poor. I’ll try to answer th

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Tue, Jun 13, 2017 at 1:50 AM, Zheming Lin wrote: > Hi James: > > Thank you very much for detailed feedback. Sorry for my understanding of > English being poor. I’ll try to answer that. > > > 在 2017年6月13日，13:44，James Hilliard 写道： > > On Mon, Jun 12, 2017 at 9:23 PM, Zheming Lin via bitcoin-dev

Re: [bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

On Mon, Jun 12, 2017 at 9:23 PM, Zheming Lin via bitcoin-dev wrote: > The BIP is described using Chinese and English. If any part is missing or > need more specific, please reply. Forgive for my poor English. > > This method will incorporate any upgrade that affects non-mining nodes. They > shou

[bitcoin-dev] Proposal: Demonstration of Phase in Full Network Upgrade Activated by Miners

The BIP is described using Chinese and English. If any part is missing or need more specific, please reply. Forgive for my poor English. This method will incorporate any upgrade that affects non-mining nodes. They should beware that the rule has been changed. TLDR: Major miners activate and orp