Author: Tom Zander 2016-10-16 14:58:26
Published on: 2016-10-16T14:58:26+00:00
Pieter Wuille through Bitcoin-dev mailing list has proposed to set the BIP 141's start time to November 15, 2016, 0:00 UTC for Bitcoin Core's 0.13.1 release. This will be a lower bound on the time when the versionbits signalling can begin. Activation on the network requires this date to pass, a full retarget window of 2016 blocks with 95% signaling the version bit (bit 1 for BIP141), and a fallow period consisting of another 2016 blocks. The fallow period is believed to be too short and it is suggested to have a minimum of two months for anyone who wants to stay safe. Tom Zander also requested to comment why the much safer and smaller Flexible Transactions are not being used.
Updated on: 2023-06-11T20:26:38.423845+00:00