<oembed><type>rich</type><version>1.0</version><author_name>npub1sgs97fe0n9wehe6zw7drcxdz4cy9yt9pfqjv8gasz5jlk4zezc0quppx3c</author_name><author_url>https://nostr.ae/npub1sgs97fe0n9wehe6zw7drcxdz4cy9yt9pfqjv8gasz5jlk4zezc0quppx3c</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2021-03-06&#xA;📝 Original message:The most sensible approach I’ve seen yet.&#xA;&#xA;e&#xA;&#xA;&gt; On Mar 6, 2021, at 01:29, Anthony Towns via bitcoin-dev &lt;bitcoin-dev at lists.linuxfoundation.org&gt; wrote:&#xA;&gt; &#xA;&gt; ﻿On Fri, Mar 05, 2021 at 05:43:43PM -1000, David A. Harding via bitcoin-dev wrote:&#xA;&gt;&gt; ## Example timeline&#xA;&gt;&gt; - T+0: release of one or more full nodes with activation code&#xA;&gt;&gt; - T+14: signal tracking begins&#xA;&gt;&gt; - T+28: earliest possible lock in&#xA;&gt;&gt; - T+104: locked in by this date or need to try a different activation process&#xA;&gt;&gt; - T+194: activation (if lockin occurred)&#xA;&gt; &#xA;&gt;&gt; ### Base activation protocol&#xA;&gt;&gt; The idea can be implemented on top of either Bitcoin Core&#39;s existing&#xA;&gt;&gt; BIP9 code or its proposed BIP8 patchset.[6]&#xA;&gt;&gt;    BIP9 is already part of Bitcoin Core and I think the changes being&#xA;&gt;&gt;    proposed would be relatively small, resulting in a small patch that&#xA;&gt;&gt;    could be easy to review.&#xA;&gt; &#xA;&gt; To get to specifics, here&#39;s a PR, based on #21334, that updates bip9&#xA;&gt; to support an extra parameter to delay the transition from LOCKED_IN&#xA;&gt; to ACTIVE until a particular timestamp is reached, and to reduce the&#xA;&gt; activation threshold to 90%:&#xA;&gt; &#xA;&gt;  https://github.com/bitcoin/bitcoin/pull/21377&#xA;&gt; &#xA;&gt; With that in mind, I think the example timeline above could translate&#xA;&gt; to taproot parameters of:&#xA;&gt; &#xA;&gt;  nStartTime = 1618358400; // April 14, 2021&#xA;&gt;  nTimeout = 1626220800; // July 14 2021&#xA;&gt;  activation_time = 1633046400; // October 1 2021&#xA;&gt; &#xA;&gt; That is, signalling begins with the first retarget period whose parent&#39;s&#xA;&gt; median time is at least April 14th; and concludes with the last retarget&#xA;&gt; period whose final block&#39;s median time is prior to July 14th; that&#39;s&#xA;&gt; 91 days which should be about ~6.5 retarget periods, so should cover 6&#xA;&gt; full retarget periods, but could only cover 5.  Activation is delayed&#xA;&gt; until the first retarget period where the final block of the previous&#xA;&gt; retarget period has a timestamp of at least October 1st.&#xA;&gt; &#xA;&gt; Note that the timeout there is prior to the expected timestamp of the&#xA;&gt; startheight block specified in the proposal for bip8 parameters:&#xA;&gt; &#xA;&gt;  https://en.bitcoin.it/wiki/Taproot_activation_proposal_202102&#xA;&gt; &#xA;&gt; and earliest activation is after the expected release of 22.0 and hence&#xA;&gt; the maintenance end of 0.20.&#xA;&gt; &#xA;&gt; Note also that the PR above specifies the delay as a deadline, not a&#xA;&gt; delta between lockin and activation; so earlier lockin does not produce&#xA;&gt; an earlier activation with the code referenced above.&#xA;&gt; &#xA;&gt; Cheers,&#xA;&gt; aj&#xA;&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</html></oembed>