Re: [bitcoin-dev] Stumbling into a contentious soft fork activation attempt

[Prayank <prayank@tutanota.de>]

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Hi Peter,

> that current lacks compelling use-cases clearly beneficial to all users

All the use cases shared in below links look compelling enough to me and we can do anything that a programmer could think of using such restrictions:

 https://utxos.org/uses/

https://rubin.io/archive/

> I don't think CTV in its current form makes that case sufficiently, and the technical details are lacking.
CTV cannot be compared to segwit or taproot. We are expecting different things in that case. CTV is trying to do add basic covenants in Bitcoin that would help all Bitcoin users. Most important thing missing in lot of conversations is the low demand for block space which affects everyone who understands importance of fees in long term. Right now fee rates only spike during peak bull markets which indicate the only use case is speculation and this can be improved if developers could do better things with Bitcoin smart contracts.

This would also ensure that we don't end up with something really contentious in future that changes supply.

> DoS Attacks

I think this was already answered by Jeremy and pull request to add related information is also merged:

https://github.com/bitcoin/bips/pull/1272


-- 
Prayank

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