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Fri, 18 Feb 2022 18:41:06 -0500 (EST) Received: by localhost (Postfix, from userid 1000) id 829995FB0B; Fri, 18 Feb 2022 18:41:02 -0500 (EST) Date: Fri, 18 Feb 2022 18:41:02 -0500 From: Peter Todd To: Prayank Message-ID: References: MIME-Version: 1.0 Content-Type: multipart/signed; micalg=pgp-sha512; protocol="application/pgp-signature"; boundary="A9I/wqXlSgkizLe3" Content-Disposition: inline In-Reply-To: Cc: Bitcoin Dev Subject: Re: [bitcoin-dev] Stumbling into a contentious soft fork activation attempt X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 18 Feb 2022 23:41:10 -0000 --A9I/wqXlSgkizLe3 Content-Type: text/plain; charset=us-ascii Content-Disposition: inline Content-Transfer-Encoding: quoted-printable On Tue, Jan 18, 2022 at 02:57:30AM +0100, Prayank wrote: > Hi Peter, >=20 > > that current lacks compelling use-cases clearly beneficial to all users >=20 > 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: >=20 > https://utxos.org/uses/ >=20 > https://rubin.io/archive/ Again, what I said was "compelling use-cases _clearly_ beneficial to _all_ users", not just a small subset. I neither think the use-cases in those lin= ks are clearly compelling in the current form, and they of course, don't benef= it all users. Indeed, the Drivechains use-case arguably *harms* all users, as Drivechains is arguably harmful to the security of Bitcoin as a whole. Similarly, the various new uses for on-chain transactions mentioned as a use-case arguably harms all existing users by competing for scarce blockcha= in space - note how ETH has quite high on chain fees for basic transactions, because there are so many use-cases where the per-tx value can afford much higher fees. That kind of expansion of use-case also arguably harms Bitcoin= as a whole by providing more fuel for a future contentious blocksize debate. Bitcoin is an almost $1 trillion dollar system. We have to very carefully w= eigh the benefits of making core consensus changes to that system against the ri= sks. Both for each proposal in isolation, as well as the precedent making that change sets. --=20 https://petertodd.org 'peter'[:-1]@petertodd.org --A9I/wqXlSgkizLe3 Content-Type: application/pgp-signature; name="signature.asc" -----BEGIN PGP SIGNATURE----- iQIzBAEBCgAdFiEE0RcYcKRzsEwFZ3N5Lly11TVRLzcFAmIQLowACgkQLly11TVR LzfxmA//axcknXSkkhdI4eXvrsAi6X6PDLOhsz4avZ7h5WI9pcA2GtDLrdRarxLK myq8ePdBN9uv7tk9j7kTYmb3myub1TaYuq2nEmljs613bFccCFni4g+PVNwECGhA DqNOWTvAilUcZhqJvaDjnXubErIl1+YBT5pajKeg/GoTxSG/XNat9I9puDoDH9sq h1vgo5DRUbmE24zASPkmN6QTpgL+VKZfWDYBcfE/iD3LCwBPu7BSq5VoOtz36A4U iZRvBTOc5kRMur/ZiTRVngfEr37giEU7o/kFwNtYEUu+YsxTrcjdW5ikALAyDCBU 6YnCFpzDUxMgmVI4k3ESLRNLdWVYjI8Zg7pnY/HEE9o1MpnELDgrp2kg0NxfUjpm PolMx94UEx3ul4myyPSoHMsQBf7ipUVKwwkL2Io7Xx2czjftsFgCuelmGwOZNOht GhGLa7UJt+92atkrRqRuY1l0ps5Pg2KI02d3K1AGz1y+s9rPKpP6uz6Dbk9GOOO/ 8UnxrVaJKyCRV+eHRRK1PuD5yOMLoqVYRDy5GTYx0QjRsRp5r0ym27iwFvS4cYVG oVIPKURSTr79LvYbZnyhpNLWEKsEIcRob8imO6tXqTor5FbH2wdAuMmcRYVqbnUC JbVgeyLSGNBi7BcB//y4HyYDBZ/3nYk3FcpkS7qARki0L4CnLnE= =rSLh -----END PGP SIGNATURE----- --A9I/wqXlSgkizLe3--