bitcoin-dev

Consensus protocol immutability is a feature

Consensus protocol immutability is a feature

Original Postby ZmnSCPxj

Posted on: May 23, 2021 11:01 UTC

The writer discusses the usefulness of softforks and how they can be used to create massive changes such as the example of SegWit.

The coinbase allows for new commitments to be added, which is invisible to unupgraded nodes. The writer cautions that any hardforks would go through multiple hurdles and would require a lot of engineering manpower. They highlight the importance of working with what we have or finding solutions for future problems. Finally, an individual was maintaining an "emergency" branch to add some kind of post-quantum signature scheme to Bitcoin in case of a quantum break.