BIP-110 Activation Stream. Matthew Kratter, Bitcoin Mechanic, Luke Broyles, and Luke de Wolf join Knut Svanholm to watch the activation of BIP-110
https://www.youtube.com/live/h3X6viAOBhU
A segment from the transcript spoken by
@Bitcoin Mechanic
1:21:121 hour, 21 minutes, 12 secondsTo me, it's you got to care. my conversations with miners, um, they've all just not cared enough to understand
1:21:191 hour, 21 minutes, 19 secondsany of this stuff. They were like, "Bip 110, uh, okay, I'll check it out." And then they look at it and they're like, "No, we we decided not to support it."
1:21:281 hour, 21 minutes, 28 secondsI'm like, "What? That's not how this works, guys." And if you cared, you would realize that's not how this works.
1:21:351 hour, 21 minutes, 35 secondsBut it's become how it works. The lie became the truth. Now miners are in charge of what remains on this other
1:21:421 hour, 21 minutes, 42 secondsside. Um, I don't know how you can get around that. Um, you can't make people care about stuff. That's just not a
1:21:501 hour, 21 minutes, 50 secondsthing. So, I I really do think that most of what I've spoken to in the mining world, like up to a week before the
1:21:591 hour, 21 minutes, 59 secondssoftwork activated, they've never even heard of it. And it's not because the information isn't out there. It's just because they aren't interested. Like
1:22:081 hour, 22 minutes, 8 secondseven making block templates was like, we don't know how to do that. And I've spent the last, you know, year and a half explaining to miners, this is how
1:22:151 hour, 22 minutes, 15 secondsyou run a Bitcoin node. And it's just amazing how little they know about it.
1:22:201 hour, 22 minutes, 20 secondsUm, they have other areas they're interested in. I think in 2017, they just were paying much more attention.
1:22:271 hour, 22 minutes, 27 secondsThey were against us, but they at least they cared. Now, like conversations with Bitman and stuff, it's just all about AI. most miners are only talking about
1:22:351 hour, 22 minutes, 35 secondsAI and they're they just don't really have that much interest in what Bitcoin is or you know like Fred Teal from Mara
1:22:421 hour, 22 minutes, 42 secondssaying the other day like oh Bitcoin died as a medium of exchange you know these are I don't know how to tolerate stuff like that and watch it and say
1:22:511 hour, 22 minutes, 51 secondsyeah I can those guys are going to do what uh the network passionately advocates for they just aren't in it in
1:22:581 hour, 22 minutes, 58 secondsthat way you know that's how I feel about it and it's not the numbers right we had twice the amount of people, but
1:23:061 hour, 23 minutes, 6 secondsit still it still doesn't motivate them to say, "All right, I'm going to to become an activist in this, or I'm going
1:23:141 hour, 23 minutes, 14 secondsto avoid a long-term issue with Bitcoin security model by respecting this movement because it's much less
1:23:211 hour, 23 minutes, 21 secondscorruptable than what we would have to become in unison to deny it." I think that would that requires low time
1:23:301 hour, 23 minutes, 30 secondspreference and that's not really what's going on in that part of the industry.
1:23:351 hour, 23 minutes, 35 secondsUh I also think that a major mistake on our side is minor signaling because it became the focus of everything. It's a user activated soft. It was going to
1:23:441 hour, 23 minutes, 44 secondsactivate today no matter what the miners did. But we asked miners what looked like permission again and they didn't grant it. And that meant every sailor
1:23:511 hour, 23 minutes, 51 secondstweet was like there's only been this many blocks signaling therefore it's been rejected by the miners. And um this
1:23:591 hour, 23 minutes, 59 secondsis this is a real blunder of psychology because it's never up to them and presenting it as being up to them by putting in any MASF logic at all
1:24:081 hour, 24 minutes, 8 secondsmisleads everyone. You know, everyone wanted SegWit doesn't matter. Two miners have said no and you asked their permission and they didn't give it.
1:24:151 hour, 24 minutes, 15 secondsTherefore, you're not getting it. That was why we had to fight that entire war and that is uh why a lot of people have the perspective they do on bit 110. All
1:24:231 hour, 24 minutes, 23 secondsyou did was have thousands of node runners say I want this thing and then the remaining node runners say I don't care. That was the end of Bit10's
1:24:301 hour, 24 minutes, 30 secondsdebate. But miners also didn't care and therefore they didn't flip a bit and that meant that people said okay well it's been denied then that's a problem.
1:24:401 hour, 24 minutes, 40 secondsI don't and I would make this I'm going to have to do it. I'm going to have to make a client that signals readiness for the next h havinging. And then when no
1:24:481 hour, 24 minutes, 48 secondsone runs it, I'm going to say the next hinging's canceled cuz miners didn't signal for it. And if anyone says that's not how it works, I'm going to say,
1:24:551 hour, 24 minutes, 55 secondswell, that's how everyone uh gauged Bit10 support. Apparently, you need to ask miners permission whether they can do things like that. And if they don't grant it, it doesn't happen.
1:25:051 hour, 25 minutes, 5 secondsI don't that lesson apparently needs to be granted here or the next UASF just needs to not ask minor permission at all because people just think it's up to them and it just isn't.