The patch forces your node to only talk to peers using BIP324 v2 encrypted transport. Right now most spies on the network are still using the old unencrypted v1 connections while they request transaction relay and hoover up data. This patch drops those v1 relay peers on inbound and strictly enforces v2 on outbound so the spies get disconnected fast. At the same time, it pushes the whole network toward real privacy through encryption without breaking blocks only connections or dnsseeds. The network gets stronger and harder to surveil the more nodes run it. That's pretty much it. View quoted note →

Bitcoiners: In the literal sense... Would you run a Bitcoin Core patch that disconnects v1 peers and only keeps BIP324 (v2 transport) peers? It advertises NODE_P2P_V2, drops outbound v1 peers, drops relay peers using v1, and drops peers claiming v2 support while connecting via v1. I think it's exactly what the network needs to speed BIP324 adoption, but I could be wrong.

They are starting to belive. #BIP110 View quoted note →