Tag: soft fork

Mar 12 2021

Discussing Taproot Activation Through Speedy Trial

This episode of "The Van Wirdum Sjorsnado" is about Speedy Trial, the proposed Taproot activation mechanism that has been gaining traction in recent weeks.Watch This Episode On YouTubeListen To...

Feb 26 2021

Taproot Activation And LOT=True Vs. LOT=False

On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation....

Feb 24 2021

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT. The code for Taproot, a proposed Bitcoin protocol upgrade for compact and...

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The debate around LOT=true and LOT=false remains the final hurdle in Taproot activation. So, what’s the difference and why is it important?11 years ago, Bitcoin was etched into...

Feb 23 2021

Taproot Activation And The LOT Debate

You’ve probably already heard about Taproot, the new proposed soft-fork upgrade for Bitcoin, which will introduce a new signing algorithm and an enhanced, more private and flexible scripting mechanism. Now, while Taproot has been discussed for a long time, and its code has already been...

Taproot Activation And The LOT Debate

The process chosen for activating Taproot is detailed in BIP 8, and it includes a debated option called “lockinontimeout” (LOT).As Taproot, the latest consensus protocol change, approaches activation,...

Feb 17 2021

Bitcoin Taproot Upgrade Nailed Down for July, but Some Finer Details Still Aren’t Finalized

The finalized code for Taproot will be shipped in March, but will it house the “user activated soft fork” feature that threatened to activate SegWit?

Dec 04 2020

The Battle For P2SH: The Untold Story Of The First Bitcoin War

“Push the date back two months. OP_EVAL just is not ready yet.” It was the verdict Gavin Andresen had worked so long to avoid. With a single rebuke sent from Russell O’Connor’s keyboard, a months-long effort to upgrade Bitcoin — the first in the wake of founder Satoshi Nakamoto’s exit — was abruptly stalled ahead of implementation. As revealed by O’Connor, the proposed command —...

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