Could you please break that down a bit more for me?
I assume you’re referring to the “silent”, miner coordinated soft fork.
You refer to an attack. Is there a way that this can hurt the base chain? For example, if I ignore that this exists, could it hurt the incentives or my BTC in some way?
Replies (4)
It's impossible for a softfork to be silent or only implemented by miners. Attempting to do so is just an attack, not a softfork at all.
If Bitcoin users sit by and allow such an attack, it would be the end of Bitcoin.
Exactly! And that's why the artificially inflated #fees from non-Bitcoin financial transactions have to go.
Along with #inscriptions like #ordinals #nfts #BRC20 etc. Including the proliferation of gigabytes of utxo fragments.
It's all an attack on Bitcoin, and has already ripped off the owners and users of #Bitcoin for millions of dollars in criminal fees..⚖️👮♂️😠
It's an attack, not a softfork.
And it can be recognized.
*Worst case* it might require a PoW change to stop, but there's plenty of tools before that too
So Paul has failed to realize that the reason hard forks are hard is because of consensus with other nodes. Now he thinks his BIP 300 group is enough to hard fork off the rest of the network because he doesn't think the rest of the network willl URSF, I feel he's dead fucking wrong and I'm putting my money where my mouth is.
Miners are paid security. Don't follow the rules, don't get paid.
