The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
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Episode 54: Burying Soft Forks
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Innehåll tillhandahållet av Van Wirdum Sjorsnado. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Van Wirdum Sjorsnado eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost revisit the Taproot activation saga, this time to discuss burying of soft forks.
Taproot, the last soft fork to have been deployed on the Bitcoin network, activated in late 2021. Now, Bitcoin Core developers are considering to “bury” the soft fork, which means that future Bitcoin Core releases will treat Taproot as if the rule change has been active since Bitcoin’s very beginning. (With the exception of one block mined in 2021 that breached the Taproot rules which have since been added to the protocol.)
In the episode, Sjors explains what the benefits are of burying a soft fork, in particular pointing out how it helps developers when they review the Bitcoin Core codebase or when they perform tests on it.
After that, Aaron and Sjors outline a potential edge case scenario where burying soft forks could, in a worst-case scenario, split the Bitcoin blockchain between upgraded and non-upgraded nodes. Bitcoin Core developers generally don’t consider this edge case — a very long block re-org — to be a realistic problem and/or believe that this would be such a big problem that a buried soft fork would be a minor concern comparatively. However, they explain, not everyone agrees with this assessment entirely…
Finally, Aaron and Sjors touch on issues like whether soft fork activation logic should itself be considered a soft fork, and whether soft fork burying logic should be considered a consensus change and/or require a Bitcoin Improvement Proposal (BIP).
Finally, Aaron and Sjors touch on issues like whether soft fork activation logic should itself be considered a soft fork, and whether soft fork burying logic should be considered a consensus change and/or require a Bitcoin Improvement Proposal (BIP).
95 episoder
MP3•Episod hem
Manage episode 321263480 series 2860967
Innehåll tillhandahållet av Van Wirdum Sjorsnado. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Van Wirdum Sjorsnado eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost revisit the Taproot activation saga, this time to discuss burying of soft forks.
Taproot, the last soft fork to have been deployed on the Bitcoin network, activated in late 2021. Now, Bitcoin Core developers are considering to “bury” the soft fork, which means that future Bitcoin Core releases will treat Taproot as if the rule change has been active since Bitcoin’s very beginning. (With the exception of one block mined in 2021 that breached the Taproot rules which have since been added to the protocol.)
In the episode, Sjors explains what the benefits are of burying a soft fork, in particular pointing out how it helps developers when they review the Bitcoin Core codebase or when they perform tests on it.
After that, Aaron and Sjors outline a potential edge case scenario where burying soft forks could, in a worst-case scenario, split the Bitcoin blockchain between upgraded and non-upgraded nodes. Bitcoin Core developers generally don’t consider this edge case — a very long block re-org — to be a realistic problem and/or believe that this would be such a big problem that a buried soft fork would be a minor concern comparatively. However, they explain, not everyone agrees with this assessment entirely…
Finally, Aaron and Sjors touch on issues like whether soft fork activation logic should itself be considered a soft fork, and whether soft fork burying logic should be considered a consensus change and/or require a Bitcoin Improvement Proposal (BIP).
Finally, Aaron and Sjors touch on issues like whether soft fork activation logic should itself be considered a soft fork, and whether soft fork burying logic should be considered a consensus change and/or require a Bitcoin Improvement Proposal (BIP).
95 episoder
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