179 – Thomas Voegtlin: Blocksize, Bitcoin Unlimited, ASICBoost and Activating SegWit
Years into the great Bitcoin scaling debate no solution is in reach. Neither bigger blocks nor Segregated Witness have anywhere near consensus support. With the conflict escalating, a Bitcoin fork has become a real possibility.
Topics discussed in this episode:
Possible outcomes include that Bitcoin Unlimited gains a majority of hashing power and starts mining bigger blocks. In the event of a fork, a proof-of-work change could be done to defend the minority chain from miner attacks. And lately a proposal was brought forward to activate SegWit without the support of the hashing power.
- Thomas Voegtlin, developer of the popular Electrum Wallet, joined us to shed light on these complex issues and share his perspective on the best way forward.
- ASICBoost and its potential role in the conflict
- How a Bitcoin fork could happen
- How to split coins in case of a fork
- How UASF could be used to activate SegWit without miner support
- Requirements for UASF to be safe
- How Electrum would handle a fork
Links mentioned in this episode:
- Electrum Bitcoin Wallet
- ASICBoost ?'” Hacker Noon
- Bitcoin’s New Controversy: The AsicBoost Allegations Explained – CoinDesk
- Timo Hanke on ASICBoost and SegWit Non-Activation
- From AsicBoost to UASF: Greg Maxwell on Bitcoin’s Path Forward – CoinDesk
- [bitcoin-dev] Thomas Voegtlin: Soft Fork Threshold Signaling Proposal
- UASF Working Group
- [bitcoin-dev] Greg Maxwell: I do not support the BIP 148 UASF
- Thomas Voegtlin: Electrum, SPV Wallets And Bitcoin Aliases ?'” Epicenter
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices – http://jaxx.io
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Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.
Source: Coin Desk