<oembed><type>rich</type><version>1.0</version><author_name>npub1y22yec0znyzw8qndy5qn5c2wgejkj0k9zsqra7kvrd6cd6896z4qm5taj0</author_name><author_url>https://nostr.ae/npub1y22yec0znyzw8qndy5qn5c2wgejkj0k9zsqra7kvrd6cd6896z4qm5taj0</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2022-06-06&#xA;📝 Original message:Maintaining the security of the protocol is squarely the responsibility of&#xA;the Bitcoin software and the core developers&#xA;&#xA;Continued demand for block space is critical for Bitcoin&#39;s security.&#xA;&#xA;Therefore it *is* the responsibility of Bitcoin software and core&#xA;developers to maintain a continued demand for block space - which underpins&#xA;the game-theoretical security of the protocol.&#xA;&#xA;While I&#39;m personally confident that demand is still high, enough to&#xA;reasonably secure the protocol, I do think that this is a matter not best&#xA;left up to stern opinions.   Whether covenant tech is essential for that&#xA;security or not is a matter for simulations and proofs, not hype and&#xA;speculation - on either side of the issue.&#xA;&#xA;&#xA;On Sat, Jun 4, 2022 at 8:36 AM John Carvalho via bitcoin-dev &lt;&#xA;bitcoin-dev at lists.linuxfoundation.org&gt; wrote:&#xA;&#xA;&gt; Core development is not a hackathon project.&#xA;&gt;&#xA;&gt; None of the quoted following items are features or responsibilities of the&#xA;&gt; Bitcoin software, nor Core developers.&#xA;&gt;&#xA;&gt; Quoted:&#xA;&gt; &#34;- Developers can build interesting projects with real demand in market.&#xA;&gt; - Students learn Sapio and not just solidity.&#xA;&gt; - Better tooling could be available for application developers.&#xA;&gt; - Maybe we see bitcoin developer hackathons in different countries.&#xA;&gt; - Demand for block space might increase, it wont be just exchanges and&#xA;&gt; coinjoin.&#xA;&gt; - Funding of bitcoin developers and projects might improve. Wont need to&#xA;&gt; convince a few people for grants.&#34;&#xA;&gt;&#xA;&gt; Whether you are a child or an attacker, none of us should care, but CTV,&#xA;&gt; nor any change to Bitcoin software, will never be justifiable simply&#xA;&gt; because you and some of your friends think it is totally cool and might&#xA;&gt; make more people like you or give your friends funding.&#xA;&gt;&#xA;&gt; Please stop making noise about CTV, this is not a place for spamming.&#xA;&gt;&#xA;&gt; --&#xA;&gt; John Carvalho&#xA;&gt;&#xA;&gt;&#xA;&gt;&#xA;&gt; On Sat, Jun 4, 2022 at 1:00 PM &lt;&#xA;&gt; bitcoin-dev-request at lists.linuxfoundation.org&gt; wrote:&#xA;&gt;&#xA;&gt;&gt;&#xA;&gt;&gt; Date: Fri, 03 Jun 2022 18:39:34 +0000&#xA;&gt;&gt; From: alicexbt &lt;alicexbt at protonmail.com&gt;&#xA;&gt;&gt; To: Bitcoin Protocol Discussion&#xA;&gt;&gt;         &lt;bitcoin-dev at lists.linuxfoundation.org&gt;&#xA;&gt;&gt; Subject: [bitcoin-dev] Bitcoin covenants are inevitable&#xA;&gt;&gt; Message-ID:&#xA;&gt;&gt;&#xA;&gt;&gt; &lt;QOWIpROGDv5HHP2GsDiSOsTJ9TVZhFeSP3C03_e2Z3XtOKC_4N5GJtxbdlxuhErvhLZXo1Rn_7SWAQ9XRPwHFuYyArZryTVENefDZuGTAYA=@&#xA;&gt;&gt; protonmail.com&gt;&#xA;&gt;&gt;&#xA;&gt;&gt; Content-Type: text/plain; charset=utf-8&#xA;&gt;&gt;&#xA;&gt;&gt; Note: This email is an opinion and not an attack on bitcoin&#xA;&gt;&gt;&#xA;&gt;&gt; Covenants on bitcoin will eventually be implemented with a soft fork. CTV&#xA;&gt;&gt; is the easiest and best possible way OP_TX looks good as well. Apart from&#xA;&gt;&gt; the technical merits, covenants will improve a few other things:&#xA;&gt;&gt;&#xA;&gt;&gt; - Developers can build interesting projects with real demand in market.&#xA;&gt;&gt; - Students learn Sapio and not just solidity.&#xA;&gt;&gt; - Better tooling could be available for application developers.&#xA;&gt;&gt; - Maybe we see bitcoin developer hackathons in different countries.&#xA;&gt;&gt; - Demand for block space might increase, it wont be just exchanges and&#xA;&gt;&gt; coinjoin.&#xA;&gt;&gt; - Funding of bitcoin developers and projects might improve. Wont need to&#xA;&gt;&gt; convince a few people for grants.&#xA;&gt;&gt;&#xA;&gt;&gt; **Why covenants are not contentious?**&#xA;&gt;&gt;&#xA;&gt;&gt; Some people may write paragraphs about CTV being contentious, spread&#xA;&gt;&gt; misinformation and do all types of drama, politics etc. on social media but&#xA;&gt;&gt; there are zero technical NACKs for CTV. We have discussed other covenant&#xA;&gt;&gt; proposals in detail on mailing list and IRC meetings with an open minded&#xA;&gt;&gt; approach.&#xA;&gt;&gt;&#xA;&gt;&gt; All the developers that participated in the discussion are either okay&#xA;&gt;&gt; with CTV or OP_TX or covenants in general.&#xA;&gt;&gt;&#xA;&gt;&gt; **How and when should covenants be implemented in Bitcoin?**&#xA;&gt;&gt;&#xA;&gt;&gt; I don&#39;t think we should wait for years anticipating a proposal that&#xA;&gt;&gt; everyone will agree on or argue for years to pretend changes are hard in&#xA;&gt;&gt; Bitcoin. We should improve the review process for soft fork BIPs and share&#xA;&gt;&gt; honest opinions with agreement, disagreement on technical merits.&#xA;&gt;&gt;&#xA;&gt;&gt; I prefer BIP 8 or improved BIP 8 for soft fork but I won&#39;t mind anything&#xA;&gt;&gt; else being used if that improves Bitcoin. Covenants implemented in Bitcoin&#xA;&gt;&gt; before the next cycle would provide opportunity for developers to build&#xA;&gt;&gt; interesting things during the bear market. Ossification supporters also&#xA;&gt;&gt; believe there is some window that will close soon, maybe doing changes&#xA;&gt;&gt; considering each case individually will be a better approach. CTV is not a&#xA;&gt;&gt; rushed soft fork, less people followed the research and it was not&#xA;&gt;&gt; mentioned on social media repeatedly by the respected developers like other&#xA;&gt;&gt; soft forks.&#xA;&gt;&gt;&#xA;&gt;&gt; /dev/fd0&#xA;&gt;&gt;&#xA;&gt;&gt;&#xA;&gt;&gt; Sent with Proton Mail secure email.&#xA;&gt;&gt;&#xA;&gt;&gt;&#xA;&gt;&gt; ------------------------------&#xA;&gt;&gt;&#xA;&gt; _______________________________________________&#xA;&gt; bitcoin-dev mailing list&#xA;&gt; bitcoin-dev at lists.linuxfoundation.org&#xA;&gt; https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#xA;&gt;&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220606/cea5b415/attachment.html&gt;</html></oembed>