Reduced signalling threshold activation of existing segwit deployment [combined summary]

• Reduced signalling threshold activation of existing segwit deployment Erik Aronesty 2017-05-24 16:44:55+00:00
• Reduced signalling threshold activation of existing segwit deployment James Hilliard 2017-05-24 16:36:03+00:00
• Reduced signalling threshold activation of existing segwit deployment Wang Chun 2017-05-24 16:02:09+00:00
• Reduced signalling threshold activation of existing segwit deployment Andrew Chow 2017-05-23 20:58:14+00:00
• Reduced signalling threshold activation of existing segwit deployment James Hilliard 2017-05-23 20:42:46+00:00
• Reduced signalling threshold activation of existing segwit deployment Andrew Chow 2017-05-23 20:39:19+00:00
• Reduced signalling threshold activation of existing segwit deployment James Hilliard 2017-05-23 16:56:51+00:00
• Reduced signalling threshold activation of existing segwit deployment Kekcoin 2017-05-23 09:51:19+00:00
• Reduced signalling threshold activation of existing segwit deployment Erik Aronesty 2017-05-23 04:00:53+00:00
• Reduced signalling threshold activation of existing segwit deployment James Hilliard 2017-05-22 22:40:13+00:00

Published on: 2017-05-24T16:44:55+00:00

Summary:

A proposal by James Hilliard has been put forward to activate Segregated Witness (SegWit) at an 80% threshold using bit 4. The main objective of this proposal is to minimize the risk of chain split and network disruption while ensuring backward compatibility and rapid activation of SegWit. The implementation is fully compatible with the User Activated Soft Fork (UASF) movement, effectively turning supporting miners into BIP148 enforcers.The proposal addresses concerns about compatibility with the current SegWit implementation by triggering a mandatory signaling period that will activate SegWit on existing nodes. It also specifies a method to activate the existing BIP9 SegWit deployment with a majority hash power less than 95%. The proposal highlights the benefits of SegWit, such as increasing the block size, fixing transaction malleability, and making scripting easier to upgrade.Feedback from participants has included suggestions to lower the signaling threshold to 75% and concerns about the compatibility with the current SegWit implementation. The discussion surrounding the proposal provides insights into the technical aspects of activating SegWit and the different perspectives on the process.Overall, the proposal aims to activate Segregated Witness at an 80% threshold using bit 4 to minimize chain split risk and network disruption. It is compatible with the current SegWit implementation and offers several benefits, such as increasing the block size and fixing transaction malleability. The proposal has sparked a discussion among participants, highlighting various viewpoints and considerations for the activation process.

Updated on: 2023-08-01T20:43:21.006352+00:00