Re: [bitcoin-dev] Yet another Taproot activation logic

2021-03-07 Thread Ariel Lorenzo-Luaces via bitcoin-dev
Hi Carlo This your proposal is similar to the Simple Majority Activation proposal (SMA). The difference is that your proposal has the final activation threshold set to 80% and SMA has it set to 51% https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2021-March/018587.html The problem with

Re: [bitcoin-dev] UASF (LOT=true) kick off meeting - Tuesday March 2nd 19:00 UTC on ##uasf IRC channel

2021-03-02 Thread Ariel Lorenzo-Luaces via bitcoin-dev
:35 Ariel Lorenzo-Luaces via bitcoin-dev >wrote: >> I'm realizing that a clear advantage of LOT=false is that it can >happen >> without the need for a social movement. All that is really needed is >the >> convincing of 95% miners. Apathetic users will never notice any

Re: [bitcoin-dev] Yesterday's Taproot activation meeting on lockinontimeout (LOT)

2021-03-02 Thread Ariel Lorenzo-Luaces via bitcoin-dev
I agree. Thank you Erik for proposing it. It's a pretty good idea. P.S. I wouldn't want a chain split of a low percentage of users though. The minority will be at the mercy of massive PoW swings and the chain will lose friends so it's not good for anyone. I recommend changing the final

Re: [bitcoin-dev] UASF (LOT=true) kick off meeting - Tuesday March 2nd 19:00 UTC on ##uasf IRC channel

2021-03-02 Thread Ariel Lorenzo-Luaces via bitcoin-dev
It's becoming increasingly clear that core might not be able to release activation code. Anyone advocating for a UASF must do tremendous amounts of work to convince users, miners, and service providers to run a UASF client. Anyone advocating against a UASF or indifferent will take the path of

Re: [bitcoin-dev] Taproot NACK

2021-02-28 Thread Ariel Lorenzo-Luaces via bitcoin-dev
Hello LORD HIS EXCELLENCY JAMES HRMH I find a striking dichotomy between your concern of increased privacy in bitcoin and your link to a bitcoin mixer in your signature www.go-overt.com At first your concerns seemed genuine but after seeing your promotion of a bitcoin mixer I'm thinking your

Re: [bitcoin-dev] Yesterday's Taproot activation meeting on lockinontimeout (LOT)

2021-02-21 Thread Ariel Lorenzo-Luaces via bitcoin-dev
What would be the tradeoffs of a BIP8(false, ∞) option? That would remove some of the concerns of having to coordinate a UASF with an approaching deadline. Cheers Ariel Lorenzo-Luaces ⁣​ On Feb 19, 2021, 6:55 PM, at 6:55 PM, ZmnSCPxj via bitcoin-dev wrote: >Good morning list, > >> It was

Re: [bitcoin-dev] Yesterday's Taproot activation meeting on lockinontimeout (LOT)

2021-02-18 Thread Ariel Lorenzo-Luaces via bitcoin-dev
Something what strikes me about the conversation is the emotion surrounding the letters UASF. It appears as if people discuss UASF as if it's a massive tidal wave of support that is inevitable, like we saw during segwit activation. But the actual definition is "any activation that is not a

Re: [bitcoin-dev] hashcash-newhash

2020-05-25 Thread Ariel Lorenzo-Luaces via bitcoin-dev
On May 24, 2020, 1:26 PM, at 1:26 PM, Karl via bitcoin-dev wrote: >Hi ZmnSCPxj, > >Thanks for your reply. I'm on mobile so please excuse me for >top-posting. > >I'd like to sort these various points out. Maybe we won't finish the >whole >discussion, but maybe at least we can update wiki

Re: [bitcoin-dev] BIPable-idea: Consistent and better definition of the term 'address'

2019-10-11 Thread Ariel Lorenzo-Luaces via bitcoin-dev
I would propose a term different than all the others mentioned so far. I propose Funding Codes. The word funding can be used as a verb or a noun and this works for the nature of Bitcoin transactions. Funding can be seen as what someone needs to do with the code as well as referring to it as

Re: [bitcoin-dev] Smart Contracts Unchained

2019-04-03 Thread Ariel Lorenzo-Luaces via bitcoin-dev
Hello ZmnSCPxj I like the proposal because it generalizes escrow type mechanisms and I think it's a useful train of thought for distributed exchanges. However, consider the situation where a group of participants are playing poker. One participant loses all their funds and decides to present

Re: [bitcoin-dev] Why SegWit Anyway?

2017-11-20 Thread Ariel Lorenzo-Luaces via bitcoin-dev
Hello Praveen You're absolutely right. We could refer to transactions by the hash that gets signed. However the way that bitcoin transactions reference each other has already been established to be hash of transaction+signature. Changing this would require a hard fork. Segwit is the