Good points, Greg.

The way I see it, this mechanism isn't really about "voting" - it's about deployment of fairly uncontroversial changes with the minimum amount of negative disruption. If we have reason to believe a particular BIP stands little chance of hitting the 95% mark relatively quickly, it's probably better not to deploy it...so this mechanism is most useful for adding fairly uncontroversial features provided as default settings in product releases - and measuring adoption as best we can before activating these features.

The current controversies around things like CLTV, CSV, etc... don't seem to revolve around these features themselves - there seems to be near-unanimous agreement that these features are good (and most disagreements regarding functionality are over quite minor nits, really). Instead the controversies are much more likely to be around deployment strategies.

While I would like to get some form of explicit acknowledgment from miners that a new rule is in effect, the truth of the matter is we still lack a means to determine whether or not miners are actually enforcing these rules...unless someone happens to mine a block that breaks the new rule. This is a bit frustrating...but that's just how it is.

To sum up, Version Bits is not a mechanism for vetting proposed changes and building consensus (that should take place BEFORE we assign bits). This is a deployment mechanism for fairly uncontroversial changes. Either a BIP is relatively quickly adopted with overwhelming support...or else perhaps it's best to wait until it has sufficient support before attempting deployment (or perhaps not deploy it at all) - and ultimately we want these transitions to run as smoothly as possible. As long as the BIPs are relatively uncontroversial, miners will most likely continue to choose to cooperate in the interest of the health of the network (and will use recommended default settings). Once clients have better support for this, perhaps we can do more sophisticated signaling.


- Eric


------ Original Message ------
From: "Gregory Maxwell" <gmaxw...@gmail.com>
To: "Rusty Russell" <ru...@rustcorp.com.au>
Cc: "Bitcoin Dev" <bitcoin-dev@lists.linuxfoundation.org>; "Peter Todd" <p...@petertodd.org>; "Pieter Wuille" <pieter.wui...@gmail.com>; "Eric Lombrozo" <elombr...@gmail.com>
Sent: 9/29/2015 7:57:52 PM
Subject: Re: Versionbits BIP (009) minor revision proposal.

On Wed, Sep 30, 2015 at 2:30 AM, Rusty Russell <ru...@rustcorp.com.au> wrote:
 Hi all,

         Pieter and Eric pointed out that the current BIP has miners
 turning off the bit as soon as it's locked in (75% testnet / 95%
mainnet). It's better for them to keep setting the bit until activation
 (2016 blocks later), so network adoption is visible.

 I'm not proposing another suggestion, though I note it for future:
 miners keep setting the bit for another 2016 blocks after activation,
 and have a consensus rule that rejects blocks without the bit.  That
would "force" upgrades on those last miners. I feel we should see how
 this works first.


Actually getting rid of the immediate bit forcing was something I
considered to be an advantage of versionbits over prior work.

Consider,  where possible we carve soft fork features out from
non-standard behavior.  Why do we do this?  Primarily so that
non-upgraded miners are not mining invalid transactions which
immediately cause short lived forks once the soft-fork activates.
(Secondarily to protect wallets from unconfirmed TX that won't ever
confirm).

The version forcing, however, guarantees existence of the same forks
that the usage of non-standard prevented!

I can, however, argue it the other way (and probably have in the
past):  The bit is easily checked by thin clients, so thin clients
could use it to reject potentially ill-fated blocks from non-upgraded
miners post switch (which otherwise they couldn't reject without
inspecting the whole thing). This is an improvement over not forcing
the bit, and it's why I was previously in favor of the way the
versions were enforced.  But, experience has played out other ways,
and thin clients have not done anything useful with the version
numbers.

A middle ground might be to require setting the bit for a period of
time after rule enforcing begins, but don't enforce the bit, just
enforce validity of the block under new rules.  Thus a thin client
could treat these blocks with increased skepticism.

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