Join 91,841 users already on read.cash

2020-03-10 GP Statement on CHIP "unconfirmed-transaction-chain-limit"

0 119 exc
Avatar for GeneralProtocols
Written by   316
1 year ago (Last updated: 7 months ago)

2020-03-10 GP Statement on CHIP "unconfirmed-transaction-chain-limit"

Summary

GP supports the updated recommendations of this CHIP and commits any reasonable resources toward its realization. There is still room to expand security considerations and costs which are not trivial. Although this is a non-consensus CHIP, the expansion would make it an even better precedent for the high bar that we want to establish in the BCH ecosystem.


2020-02-23 GP Statement on CHIP "Request Update to the Unconfirmed-Transaction Chain Limit"

Summary Statement

GP is supportive of the premise of the CHIP. In order for GP to have confidence that the CHIP is worth investing resources into, we would require it to have a more explicit owner who takes on some accountability for the eventual outcome, and a more complete description of the costs, risks and benefits of the various options. As one example, CPFP is objectively still used, and misaligned changes could lead to fragmented mempools, degraded 0-conf reliability, and ultimately damage BCH utility and value. More generally, since this is not a consensus change, it may also be a good idea to add discussion about what safe cooperation looks like. In an effort to be constructive, GP created this template as an example of how to fit these concerns into a CHIP.

GP looks forward to providing more specific feedback and support as the CHIP evolves.

General Protocols Blog

This article forms part of the General Protocols Blog, a collection of cross-platform links showcasing our team's community activity, Bitcoin Cash projects, UTXO development, and general crypto musings.

12
$ 2.26
$ 1.00 from @im_uname
$ 0.55 from @molecular
$ 0.36 from @TheRandomRewarder
+ 3
Avatar for GeneralProtocols
Written by   316
1 year ago (Last updated: 7 months ago)
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments