BU Voting Session 15-20 September 2020

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The most recent Bitcoin Unlimited voting session is now complete. A number of BUIPs were approved, allowing Bitcoin Unlimited to make even more progress on it’s goal to build peer-to-peer electronic cash.

Vote Overview

Development BUIPs

Operational BUIPs

Membership BUIP

BUIP Voting Results

BUIP149: Delimited OP_RETURNs - NOT APPROVED

“By commiting to support this change of OP_RETURN functionality, Bitcoin Unlimited would send a signal to other node software developers that this is something that is possible to change under consensus and would help start the necessary discussions in the community.”

BUIP150: B.U. Incorporated office admin - APPROVED

“We always intended the formal incorporation of the Bitcoin Unlimited organization. After a false start, B.U. Incorporated registered in the Isle of Man as a company limited by guarantee in February 2019.”

“One advantage of this jurisdiction is not requiring a local to be on the board, hence only the elected BU officers are the B.U. Inc directors. This means we are moving ahead and we will give further information to BU. members.”

BUIP151: Further Development of the Bobtail/Storm Protocol - APPROVED

“to push development, show larger-scale operation, and refine and communicate the theoretical foundations of Tailstorm. Specifically, I would like to develop zero-confirmation capabilities exposed for use in wallet software via BU's extension library (libbitcoincash), deploy wallet instances on the NextChain testnet alongside the existing Tailstorm full node software, and compile an academic paper that explores the security properties of this protocol and reports on the results of the deployment.

The Tailstorm protocol also has the potential to dramatically improve transaction security because it minimizes variance in confirmation time just like Bobtail.”

BUIP152: Announcing Wally Wallet - APPROVED

“I have produced an Android and Enterprise (JVM) wallet based on libbitcoincash (an extraction of the fundamentally useful parts of bitcoind into a .so that can be used by wallets), and a Kotlin networking and middleware layer that I call libbitcoincashkotlin.

Its an HD wallet, using the standard BCH derivation path and recovery phrases. Under the covers, it uses both the P2P and the Electrum protocols to access the network.

The Android wallet is intended to be a simple wallet for daily use by new crypto users, rather than a complex wallet with every function or a wallet meant for long term storage. At the same time, it explores new features that I think will be useful for its target use case and I have other features planned.”

BUIP153: BU Blockparty - Let's Get Building On Bitcoin Cash! - APPROVED

“BU Blockparty will be an online BCH hackathon lasting one week in December (Date TBA). There will be a large prize pool and anyone who wants to develop a product, service or tool on Bitcoin Cash will be welcome to participate. Teams need not be made up of just developers. Teams will almost certainly gain value from having business people, graphic designers, project managers, marketers etc.

The goals of this BUIP are:

  • Get more engagement from existing developers within the BCH ecosystem.

  • Bring new developers into the BCH ecosystem.

  • Highlight Bitcoin Cash and Bitcoin Unlimited within the wider cryptocurrency space.

  • Maximise the prize pool.”

BUIP154: Re-elect Peter R for BU Secretary - APPROVED

“With the benefit of four years of history to look back upon, I believe that BU makes its biggest impact by organizing technical conferences and workshops. It is at these events that new relationships are built, existing relationships strengthened, and the harshness of the on-line reddit/twitter world is softened. These conferences bring together developers and other interested people and lead to new ideas and projects that wouldn't have happened had the face-to-face dynamic been absent. By recording the talks and discussion, we also build media assets that can be viewed by a much larger global audience.”

BUIP155: New Members for Election #15

Jonathan Toomim has now had his BU membership reactivated. It’s excellent to see such a prolific developer become more active in BCH and BU again! Some of Jonathan’s work includes:

  • 2020-02-27 - The BCH Difficulty Adjustment Algorithm (DAA) is broken. Here's how to fix it. (See also this Reddit discussion thread)

  • 2020-05-28 - 100x faster sendtoaddress RPC call for large wallets

  • 2020-07-08 - BCH upgrade proposal: Use ASERT as the new DAA

  • 2020-07-23 - aserti3-2d, the implementation of the ASERT DAA

  • 2020-08-19 - Testnet4

  • 2020-08-20 - Make DEFAULT_MAX_BLOCK_SIZE a chainparams.cpp parameter (minor refactor)

  • 2020-08-21 - Fix getblocktemplate sigop/blocksize limits to reflect -excessiveblocksize setting (bug fix)

  • 2020-08-22 - Faster transaction relay

  • 2020-08-27 - Scalenet

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Nice article

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