Bitcoin Core Supporters Push for UASF
The never ending bitcoin debate has now seemingly moved on to new never ending proposals that try to provide a solution to bitcoin’s very congested network, but in a repetitive fashion, like a broken tape, seemingly never going anywhere. The latest such proposal is a flag-day soft-fork marketed under the name of user activated soft-fork or UASF. Marek Palatinus, founder of Slush pool, publicly said yesterday that Trezor is ready for UASF. One of the main public discussion space for bitcoin seems to be in love with it. It’s the latest buzz of social media, but most keep asking: what exactly....
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Blockstream engineer Rusty Russell has publicly stated his support for SegWit via a user-activated soft fork (UASF), saying the current scaling impasse is “his fault.” In a Medium post published Saturday, the Bitcoin Core contributor said he had not foreseen miner reactions while developing BIP-8. “I chose the state machine to timeout activation after one year,” he wrote. “I figured it was a useful checkpoint in case an updated proposal had a flaw, or (more likely!) someone came up with a far better idea. This way, miners could kill it without forcing everyone to upgrade. […] I hadn’t....
Litecoin creator Charlie Lee has appealed to the community to push through a user-activated soft fork (UASF). Lee: Alleged Bitmain Interference ‘Sad If True’. Litecoin, which last week came within 5% of the required miner support to activate Segregated Witness (SegWit), appeared to fall short over the weekend, something Lee put down to interference from anti-SegWit parties. “Sad if true,” he commented on Twitter about a suggestion from UASF code creator shaolinfry that Bitmain miner co-founder Jihan Wu was deliberately preventing Litecoin’s SegWit activation. Wu is a vocal opponent of....
In a discussion about chain splits and governance failure during the Bitcoin Wednesday Meetup at the Eye Film Museum in Amsterdam, Netherlands, Bitcoin and security expert Andreas Antonopoulos noted that 95 percent of Bitcoin developments and developers are from the Bitcoin Core development team. Since mid-2016, the community of Bitcoin Unlimited supporters, developers and miners have been encouraging the execution of a hard fork in order to scale the Bitcoin network. While doing so, its supporters harshly criticized the Bitcoin Core development team, particularly popular online....
Bitcoin Classic is the latest attempt to increase Bitcoin’s block size limit via a hard fork initiated by miners running an alternative to Bitcoin Core, but it appears that the relatively new software client may already be on its last legs. According to various sources familiar with a meeting in Beijing on March 30, supporters of an increase to the Bitcoin block size limit were unable to convince the Chinese mining community to implement BIP (Bitcoin Improvement Proposal) 109 without support from Bitcoin Core contributors. It was the intention of some participants to convince the Chinese....
UASF versus URSF is one mechanism for proposed changes to Bitcoin’s code. This should be the way changes to Bitcoin are decided and implemented.