Difference between revisions of "Taproot activation proposal 202102"

From Bitcoin Wiki
Jump to: navigation, search
m
Line 34: Line 34:
 
*** Low enough to avoid a sudden malicious stall of activation by rented or unknown miners.
 
*** Low enough to avoid a sudden malicious stall of activation by rented or unknown miners.
 
*** 90% of hashrate has already committed to work toward Taproot activation.
 
*** 90% of hashrate has already committed to work toward Taproot activation.
 +
 +
== `lockinontimeout` preferences
 +
 +
 +
{|
 +
! Nickname
 +
! <code>LOT=true</code>
 +
! <code>LOT=false</code>
 +
|-
 +
| belcher
 +
| X
 +
| X
 +
|-
 +
| benthecarman
 +
| X
 +
| X
 +
|-
 +
| waxwing
 +
| X
 +
| X
 +
|-
 +
| hsjoberg
 +
| X
 +
|
 +
|-
 +
| fjahr
 +
|
 +
| X
 +
|-
 +
| devrandom
 +
| X
 +
| X
 +
|-
 +
| darosior
 +
|
 +
| X
 +
|-
 +
| andrewtoth
 +
|
 +
| X
 +
|-
 +
| luke-jr
 +
| X
 +
|
 +
|-
 +
| enzy
 +
| X
 +
| X
 +
|-
 +
| viaj3ro
 +
| X
 +
| X
 +
|-
 +
| achow101
 +
|
 +
| X
 +
|-
 +
| virtu
 +
|
 +
| X
 +
|-
 +
| proofofkeags
 +
| X
 +
| X
 +
|-
 +
| nickler
 +
|
 +
| X
 +
|-
 +
| satosaurian
 +
| X
 +
|
 +
|-
 +
| eeb77f7f26eee
 +
| X
 +
|
 +
|-
 +
| gg34
 +
| X
 +
| X
 +
|-
 +
| harding
 +
|
 +
| X
 +
|-
 +
| jonatack
 +
|
 +
| X
 +
|-
 +
| pox
 +
| X
 +
| X
 +
|-
 +
| Billy
 +
| X
 +
| X
 +
|-
 +
| evankaloudis
 +
| X
 +
| X
 +
|-
 +
| virtu
 +
|
 +
| X
 +
|-
 +
| criley
 +
| X
 +
| X
 +
|-
 +
| prayank
 +
| X
 +
|
 +
|-
 +
| debit
 +
|
 +
| X
 +
|-
 +
| Murch
 +
|
 +
| X
 +
|-
 +
| ghost43
 +
|
 +
| X
 +
|-
 +
| '''TOTALS'''
 +
| '''17'''
 +
| '''24'''
 +
|}

Revision as of 22:18, 16 February 2021

Expected timeline:

  • 2021 March 17-31: Full node software released with Taproot activation deployment.
  • 2021 July 23: Economic majority has upgraded. Miner signalling begins to indicate preparedness to protect the economic minority who haven’t upgraded yet.
  • 2 weeks after 90% of hashrate signals: Taproot activates. Economic majority enforces, while miners protect the economic minority until they upgrade as well.
  • 2022 August 1: Entire economy has upgraded.

For explanations of the various parameters, see BIP 8.

  • name=taproot
    • Rationale: Already used in Bitcoin Core (for Signet and tests), no reason to change (BIP8’s “bipN” recommendation not applicable due to 2 Taproot BIPs)
  • bit=2
    • Rationale: Already used in Bitcoin Core (for tests), no reason to change
    • Note: Bit 2 is unaffected by ongoing miner ASICBoost false-bit-spam.
  • startheight=693504 (~2021 July 23rd)
    • Rationale 1:
      • Earliest activation (MASF) takes 4 weeks, coinciding with Bitcoin Core 0.20 Maintenance End. Therefore, a backport of Taproot to 0.20 (complex and would need validation) can be avoided.
    • Rationale 2:
      • ~26 weeks (6.5 months) between meeting and earliest activation.
      • 1.5 months to prepare and release activation + 5 months for the economic majority to upgrade.
  • timeoutheight=745920 (~2022 July 22nd / 1 year after signalling begins)
    • Rationale:
      • Plenty of time and community support.
      • Remaining economic minority can be expected to upgrade within a year.
  • lockinontime= NO CONSENSUS WAS REACHED
  • threshold=1815 (90%)
    • Rationale 1:
      • High enough to ensure the Taproot chain always has a lead ahead of any invalid chains.
    • Rationale 2:
      • Low enough to avoid a sudden malicious stall of activation by rented or unknown miners.
      • 90% of hashrate has already committed to work toward Taproot activation.

== `lockinontimeout` preferences


Nickname LOT=true LOT=false
belcher X X
benthecarman X X
waxwing X X
hsjoberg X
fjahr X
devrandom X X
darosior X
andrewtoth X
luke-jr X
enzy X X
viaj3ro X X
achow101 X
virtu X
proofofkeags X X
nickler X
satosaurian X
eeb77f7f26eee X
gg34 X X
harding X
jonatack X
pox X X
Billy X X
evankaloudis X X
virtu X
criley X X
prayank X
debit X
Murch X
ghost43 X
TOTALS 17 24
Retrieved from "https://en.bitcoin.it/w/index.php?title=Taproot_activation_proposal_202102&oldid=68431"