Hello Eric,
I have few questions:
> Without majority hash power support, activation simply means you are off on a chain split.
So majority hash power not following the consensus rules can result in chain split? Why would majority of miners decide to mine a chain that nobody wants to use? What are different things possible in this case based on game theory?
> And activation without majority hash power certainly does not “ensure” this.
Do miners and mining pools participate in discussions before signaling for a soft fork begins? Can they still mine something else post activation even if signaling readiness for soft fork?
> If one wants to enforce a soft fork (or otherwise censor) this is accomplished by mining (or paying others to do so). Anyone can mine, so everyone gets a say. Mining is trading capital now for more later. If enough people want to do that, they can enforce a soft fork. It’s time Bitcoiners stop thinking of miners as other people. Anyone can mine, and that’s your vote.
Who enforces consensus rules technically in Bitcoin? Full nodes or Miners?
Is soft fork signaling same as voting?
According to my understanding, miners follow the consensus rules enforced by full nodes and get (subsidy + fees) for their work. Signaling is not voting although lot of people consider it voting including some mining pools and exchanges.
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Prayank