📅 Original date posted:2015-10-05
📝 Original message:On Mon, Oct 5, 2015 at 2:29 PM, Clément Elbaz <clem.ds at gmail.com> wrote:
> The problem is that some transactions that are meaningless to you are
> actually meaningful to people using an upgraded Bitcoin software.
>
> Therefore during a softfork, while you can not miss the existence of a
> transaction, you can miss its meaning.
Why would you care about payments to other people?
The scriptPubKey's that you give to your payers certainly have meaning to you.
> But as soon as you try to actually use Bitcoin (that is, calculate the
> accurate balance of a wallet in a very broad sense), you can be led a wrong
> result if you did not upgrade, which is a critical problem for financial
> software.
What is it important that you are able to calculate balances of
wallets that aren't yours?
> And because nothing prevent people to send you transactions of a new type,
> you have no way to "opt out" of this problem.
Why would anyone "pay you" to a scriptPubKey you don't understand?
I can "pay" the bill of my internet services by burying cash in a park
nearby my house for my provider to pick up later.
But if I don't tell my provider, it will never know. If I inform it, I
will get an answer: "no, sorry, we won't accept this new 'form of
payment' of yours as payment".
📝 Original message:On Mon, Oct 5, 2015 at 2:29 PM, Clément Elbaz <clem.ds at gmail.com> wrote:
> The problem is that some transactions that are meaningless to you are
> actually meaningful to people using an upgraded Bitcoin software.
>
> Therefore during a softfork, while you can not miss the existence of a
> transaction, you can miss its meaning.
Why would you care about payments to other people?
The scriptPubKey's that you give to your payers certainly have meaning to you.
> But as soon as you try to actually use Bitcoin (that is, calculate the
> accurate balance of a wallet in a very broad sense), you can be led a wrong
> result if you did not upgrade, which is a critical problem for financial
> software.
What is it important that you are able to calculate balances of
wallets that aren't yours?
> And because nothing prevent people to send you transactions of a new type,
> you have no way to "opt out" of this problem.
Why would anyone "pay you" to a scriptPubKey you don't understand?
I can "pay" the bill of my internet services by burying cash in a park
nearby my house for my provider to pick up later.
But if I don't tell my provider, it will never know. If I inform it, I
will get an answer: "no, sorry, we won't accept this new 'form of
payment' of yours as payment".
📅 Original date posted:2015-10-05
📝 Original message:Hi Jorge,
I'm glad we seem to be reaching agreement that hard forks aren't so bad
really and can even have advantages. It seems the remaining area of
disagreement is this rollout specifically.
> a non-upgraded full node and an upgraded full will converge on what they
> see: "the most-work valid chain" will be the same for both.
>
Indeed it will, but the point of fully verifying is to *not* converge with
the miner majority, if something goes wrong and they aren't following the…
📝 Original message:Hi Jorge,
I'm glad we seem to be reaching agreement that hard forks aren't so bad
really and can even have advantages. It seems the remaining area of
disagreement is this rollout specifically.
> a non-upgraded full node and an upgraded full will converge on what they
> see: "the most-work valid chain" will be the same for both.
>
Indeed it will, but the point of fully verifying is to *not* converge with
the miner majority, if something goes wrong and they aren't following the…
