Bitcoin Dev Peter Todd: Forced Soft Forks Send a “Dangerous Message”

Bitcoin Dev Peter Todd: Forced Soft Forks Send a “Dangerous Message”

In a recent blog post, Peter Todd, one of the more active bitcoin developers, raised the prospects of an amicable end to the so-called “civil war”. Setting out a condition, Todd states:

“If major industry players were willing to commit to layer 2 solutions, I’d be willing to support something like a forced soft fork, and I’d be willing to support a coin voting hard fork even if they didn’t.”

A forced-soft-fork is similar to an ordinary soft fork, but unupgraded clients won’t be able to spend their funds until they upgrade. However, in an email response, Todd states:

“[F]orced-soft-forks raise serious questions about the control miners have over Bitcoin; accepting them as a mechanism is sending a very dangerous message.”

Coin Voting is a mechanism proposed a month ago at the Satoshi Roundtable. It allows bitcoin users to indicate “in transactions themselves that they are both ready, and approve of, an upcoming hard-fork.” We asked whether it would not be far too easy to game coin voting by simply endlessly moving bitcoins

Read more ... source: TheBitcoinNews


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