Damus
Cato The Elder · 11w
On activation methodology, there is no other option. We can’t give veto power to hostile miners like F2Pool, who also mines Ethereum! BIP-110 is a reaction to overreach by Core, who increased the a...
Cykros profile picture
The idea that Core changed Bitcoin inherently is another one of those twists of the truth. The reality is, nothing about Knots meant you couldn't open up datacarriersize either. It's not a 'hack' -- it's a configuration file option.

I'm not thrilled with Core governance, and do still run Knots (without 110 activation of course). Keeping an eye on others like Utreexod, Florestad, Libbitcoin, and eben ProductionReady (not holding my breath here). Chaincode's funding is definitely an incentive distortion and the culture is indeed problematic at this point as folks like Jon Atack and Hodlonaut have pointed out.

But the knee jerk reaction of BIP-110 is failure to see the whites of their eyes before firing.

Stratum v2 and Datum so that F2Pool and others DON'T have the veto authority on ANYTHING is the way forward. And if we have to get reckless with am activation around anything, that's where it may be more warranted. You don't just risk potentially huge reorgs over a 1 year patch that doesn't even do half the things its being pitched to plebs for.
1
Cykros · 11w
Not that I'm too worried about the reorgs. But only because it doesn't seem like they'll be close an an issue, regardless of how much Mechanic gets out doing his best impression of Michael Saylor when it comes to wishful thinking of how game theory will play out.