THE DEBATE OVER BITCOIN EXPANSION(II）
Bitcoin Classic and Hong Kong Consensus
Bitcoin XT failed, but Gavin did not give up the expansion. Knowing that it is impossible to promote Bitcoin Core expansion, in January 2016, Gavin and Jeff Garzik and Peter Rizun established a new development team Bitcoin Classic. Expansion into the Bitcoin Classic phase._DJMINER
Due to the rapid growth of the actual capacity of the block, the median reached 0.7M, and 1M full block appeared frequently. The urgency of capacity expansion quickly became the consensus of the entire Bitcoin community including China's mining industry. The vast majority of opinion leaders and key companies expressed support for expanding block capacity constraints.
As a result, Bitcoin Classic quickly gained more than 50% of the computational power of Antpool and BW mines, and plans to support 75% of the power support to upgrade to 2M in order to cope with the upcoming congestion. The Bitcoin Classic hard fork expansion capacity competes with Bitcoin Core's SW+LN solution.
In the face of expansion and Classic competition, Blockstream is very dissatisfied with Gavin, Bitcoin XT, Bitcoin Classic and Chinese miners, and its CEO Austin Hill said "a large number of companies based on Bitcoin enjoy the hard work of the developer community. The result, no thank you, but I don't like your color, so I am going to abandon you."
In the absence of mutual consent, the entire community began to panic about “hard forks” and even “splits” in the community. Of course, the main fear split brought the collapse of the currency price!
On January 23, 2016, China Mining Conference reached the so-called "92 Consensus": more than 90% of the calculations supported the expansion of 2M consensus, and generally agreed with Bitcoin Classic's expansion claims, but raised the consensus requirements (from 75% to 90%). Analogous to the Taiwan-Taiwan relationship, it emphasizes the expansion of the premise of "no war, no division", dubbed the "92 Consensus." 【twenty one】
At the party, Bit Continental CEO Wu Jihan and Haobtc CEO Wu Gang suggested that companies should send people to participate in Bitcoin development, train their core developers, contribute to Bitcoin development, and improve their voice in the core. To dilute the influence of Blockstream, this is the ultimate solution to the problem. 【twenty two】
On January 28, 2016, Gavin proposed BIP109, a bitcoin improvement proposal. It is recommended to expand to 2M, and 75% of the computing power will be implemented.
On the basis of the "92 Consensus" and BIP109, in order to avoid the split, the Hong Kong meeting was held on February 22, 2016. The Chinese miners reached an agreement with several Core developers and Blockstream CEO Adam Back. (Blacomir Core chief developer Wladimir van der Laan also supports the Hong Kong Consensus Program, but is not sure whether the political differences on hard forks can be resolved.Both parties agreed to continue to implement the segregation testimony soft fork, Core passed after the segregation testimony Hard forks expand the block to 2M and give a timetable: the segregation testimony was released in April 2016; the hard fork code was completed in July; the hard fork upgrade was implemented in July 2017 with community support. At the cost, China Mining promises to only support the Core version. This is the so-called "Hong Kong Consensus."_DJMINER
In the Hong Kong consensus, the mining industry compromised and abandoned Core's important competitive development team, Bitcoin Classic, in exchange for Core's expansion commitment.
However, the Hong Kong consensus has not been fulfilled by Core. The Core members who attended the Hong Kong meeting were accused of returning. Block Back CEO Adam Back, who signed the Hong Kong Consensus Agreement, signed his name and did not represent the company. Chinese miners feel deceived, and Bituland Wu Jihan warned Core on Twitter that he would not implement Segwit without 2M hard fork code.
By May 2016, the median bitcoin block has reached 1M! The fee has started to increase. However, Core's Segwit was not released on time. The community’s call to restart Classic is back. Gavin is still an important force driving expansion. But an accident has completely smashed Gavin's expansion journey.
At the end of 2015, Australian Craig S. Wright (CSW) began to publicly claim to be Nakamoto. Almost every year, there will be similar incidents in which Nakamoto will appear, but they are all scams or misunderstandings, and the impact is not significant. However, at the critical point of the May 2016 expansion, it was said that CSW presented some evidence to Gavin Andresen and the then chairman of the Bitcoin Foundation, earning two trusts. Gavin publicly declared that CSW is Nakamoto Satoshi, which was a sensational news at the time.
The BBC also launched a report on the CSW incident. As we all know, the most simple way to prove yourself is to prove that you own the private key of the Nakamoto Shoji address. There are at least two methods:
First, move the currency of Nakamoto Satoshi according to the pre-prepared method.
The second is to sign a new information with the Nakamoto private key and publicly verify it.
CSW's counter-insurance and false-signature incident on the BBC caused a fatal blow to Gavin and expansion. The entire Bitcoin community believes that CSW is a liar, and Gavin has become an accomplice to the swindler. He and his efforts to expand have been despised, and the expansion itself has been more skeptical. Core has occupied a moral high.
In this way, Gavin lost his community trust and had to announce his withdrawal from the Core development team, completely losing his influence on Bitcoin development and losing the impetus for expansion. This is the first major impact of CSW on Bitcoin.
It is not clear what makes CW gain the trust of Gavin. Understandably, on the road to difficult expansion, Gavin really needs the support of Nakamoto!_DJMINER
After the bitcoin block was congested, Core finally stopped the delay tactics and publicly opposed the block expansion. In May 2016, Core Core developers Gregory Maxwell and Mark Friedenbach and others publicly opposed the Hong Kong consensus. Once opposed to the expansion of 20M, it is now quite dramatic that Chinese miners who feel that they have been deceived by Core have begun to replace Gavin, which they once opposed, have become the main force of the expansion.
At bitcointalk.org, Gregory Maxwell rebuked the Core members who attended the Hong Kong meeting as "dipshits," warning the community that although the scammer CSW and its behind-the-scenes supporters (meaning Gavin) have disappeared, external attacks have weakened, but Bitcoin The ability of the community to weaken oneself cannot be ignored.From the perspective of subsequent development, Gregory Maxwell seems to have more influence than the total number of Core members who have participated in the Hong Kong consensus. Samson Mow, who entered Blockstream afterwards, also claimed that there was no breach of contract in the Hong Kong Consensus because several Core developers attending the meeting could not represent the Core team.
In addition to conspiracy theories of Core's consensus on Hong Kong's consensus, the rational explanation is that the hard developmentists such as Gregory Maxwell and Luke Dashjr in the Core development team rejected the public commitment of Adam Back and several core core developers in the Hong Kong consensus. Regardless of how Adam Back and others look at it, in the case of Chinese miners who made a compromise to abandon Bitcoin Classic, this is indeed a deception!
Yuki Wang Yu said he was deceived by Blockstream CEO Adam Back, who signed the Hong Kong Consensus.Samson Mow, who is a bitcoin China COO, also criticized Gregory for underestimating the seriousness of the problem, which undermined community cooperation.
At the end of 2015, in order to avoid Core obstruction and promote block expansion, Andrew Clifford, Andrew Stone, Peter Rizun and others formed Bitcoin Unlimited (BU). On November 26, 2015, Andrew Stone released BUIP1, which began to be controlled by Core. Organization development outside of BIP._DJMINER
In general, BU continued the basic route of BIP100 and BIP109, allowing miners to dynamically mark block size limits and achieve block elastic expansion through the miners' Emergent Consensus. After receiving a $500,000 donation in August 2016, Bitcoin Unlimited was registered as a non-profit organization. (For the organization of BU)
The emergence of Bitcoin Unlimited is of course subject to Core's resistance. At the expansion meeting organized by Blockstream, BTCC, Kraken and Bitfury in September 2016, BU, one of the sponsors, proposed four proposals, but they were all rejected at the meeting. The war between Bitcoin Core and Bitcoin Unlimited has begun.
On September 25th, 2016, the expansion supporters held the "Satoshi's Vision: Development and Scaling Conference" in San Francisco. The meeting focused on the BU route and its main points by members of Bitcoin Unlimited. Improvements: emerging consensus, Xthin blocks, Xpedited Block Reply.
(Note: The word "Satoshi's Vision" in Nakamoto's vision has appeared at least here. In November 2018, after being used by CSW and its sponsor Calvin as a competition for the leadership of BCH, the name of the new version was split. Bitcoin Satoshi Vision (BSV)).
This conference is a climax of a series of expansion conferences that have been independent of Core since June 2016. Participating in and supporting this series of conferences include Roger Ver, Jeff Garzik, Emin Gun Sirer, Peter Rizun, Andrew Clifford, Amaury Sechet and others. Gavin Andresen also clearly expressed support for BU. Bitcoin Unlimited is not just a expanded version, but a highly anticipated expansion of the entire Bitcoin expansion.
Unlike the Bitcoin Classic, BU quickly gained support from some mining forces. In October 2016, the founder of the Viabtc pool, which was invested by Bitland, was the first to announce support for BU. In order to be untouched by people, the famous early Bitcoin investor, Roger Ver, known as "Bitcoin Jesus", also created the Bitcoin.com mining pool and announced support for BU. BGT.top mining pool founder Jiang Zhuoer, Bit Continental's ant mine pool, etc. also support BU.
It can be said that after a long struggle, after recognizing Core's procrastination tactics, especially after the Hong Kong consensus was deceived, the Bitcoin community formed a firm expansion. They no longer believe in Core, no longer compromise the Core, no longer afraid of splitting threats. , giving Bitcoin Unlimited a high level of support. The moment of decisive battle is coming._DJMINER
Bitcoin XT failed, but Gavin did not give up the expansion. Knowing that it is impossible to promote Bitcoin Core expansion, in January 2016, Gavin and Jeff Garzik and Peter Rizun established a new development team Bitcoin Classic. Expansion into the Bitcoin Classic phase._DJMINER
Due to the rapid growth of the actual capacity of the block, the median reached 0.7M, and 1M full block appeared frequently. The urgency of capacity expansion quickly became the consensus of the entire Bitcoin community including China's mining industry. The vast majority of opinion leaders and key companies expressed support for expanding block capacity constraints.
As a result, Bitcoin Classic quickly gained more than 50% of the computational power of Antpool and BW mines, and plans to support 75% of the power support to upgrade to 2M in order to cope with the upcoming congestion. The Bitcoin Classic hard fork expansion capacity competes with Bitcoin Core's SW+LN solution.
In the face of expansion and Classic competition, Blockstream is very dissatisfied with Gavin, Bitcoin XT, Bitcoin Classic and Chinese miners, and its CEO Austin Hill said "a large number of companies based on Bitcoin enjoy the hard work of the developer community. The result, no thank you, but I don't like your color, so I am going to abandon you."
In the absence of mutual consent, the entire community began to panic about “hard forks” and even “splits” in the community. Of course, the main fear split brought the collapse of the currency price!
On January 23, 2016, China Mining Conference reached the so-called "92 Consensus": more than 90% of the calculations supported the expansion of 2M consensus, and generally agreed with Bitcoin Classic's expansion claims, but raised the consensus requirements (from 75% to 90%). Analogous to the Taiwan-Taiwan relationship, it emphasizes the expansion of the premise of "no war, no division", dubbed the "92 Consensus." 【twenty one】
At the party, Bit Continental CEO Wu Jihan and Haobtc CEO Wu Gang suggested that companies should send people to participate in Bitcoin development, train their core developers, contribute to Bitcoin development, and improve their voice in the core. To dilute the influence of Blockstream, this is the ultimate solution to the problem. 【twenty two】
On January 28, 2016, Gavin proposed BIP109, a bitcoin improvement proposal. It is recommended to expand to 2M, and 75% of the computing power will be implemented.
On the basis of the "92 Consensus" and BIP109, in order to avoid the split, the Hong Kong meeting was held on February 22, 2016. The Chinese miners reached an agreement with several Core developers and Blockstream CEO Adam Back. (Blacomir Core chief developer Wladimir van der Laan also supports the Hong Kong Consensus Program, but is not sure whether the political differences on hard forks can be resolved.Both parties agreed to continue to implement the segregation testimony soft fork, Core passed after the segregation testimony Hard forks expand the block to 2M and give a timetable: the segregation testimony was released in April 2016; the hard fork code was completed in July; the hard fork upgrade was implemented in July 2017 with community support. At the cost, China Mining promises to only support the Core version. This is the so-called "Hong Kong Consensus."_DJMINER
Gavin lost his letter and retired
In the Hong Kong consensus, the mining industry compromised and abandoned Core's important competitive development team, Bitcoin Classic, in exchange for Core's expansion commitment.
However, the Hong Kong consensus has not been fulfilled by Core. The Core members who attended the Hong Kong meeting were accused of returning. Block Back CEO Adam Back, who signed the Hong Kong Consensus Agreement, signed his name and did not represent the company. Chinese miners feel deceived, and Bituland Wu Jihan warned Core on Twitter that he would not implement Segwit without 2M hard fork code.
By May 2016, the median bitcoin block has reached 1M! The fee has started to increase. However, Core's Segwit was not released on time. The community’s call to restart Classic is back. Gavin is still an important force driving expansion. But an accident has completely smashed Gavin's expansion journey.
At the end of 2015, Australian Craig S. Wright (CSW) began to publicly claim to be Nakamoto. Almost every year, there will be similar incidents in which Nakamoto will appear, but they are all scams or misunderstandings, and the impact is not significant. However, at the critical point of the May 2016 expansion, it was said that CSW presented some evidence to Gavin Andresen and the then chairman of the Bitcoin Foundation, earning two trusts. Gavin publicly declared that CSW is Nakamoto Satoshi, which was a sensational news at the time.
The BBC also launched a report on the CSW incident. As we all know, the most simple way to prove yourself is to prove that you own the private key of the Nakamoto Shoji address. There are at least two methods:
First, move the currency of Nakamoto Satoshi according to the pre-prepared method.
The second is to sign a new information with the Nakamoto private key and publicly verify it.
CSW's counter-insurance and false-signature incident on the BBC caused a fatal blow to Gavin and expansion. The entire Bitcoin community believes that CSW is a liar, and Gavin has become an accomplice to the swindler. He and his efforts to expand have been despised, and the expansion itself has been more skeptical. Core has occupied a moral high.
In this way, Gavin lost his community trust and had to announce his withdrawal from the Core development team, completely losing his influence on Bitcoin development and losing the impetus for expansion. This is the first major impact of CSW on Bitcoin.
It is not clear what makes CW gain the trust of Gavin. Understandably, on the road to difficult expansion, Gavin really needs the support of Nakamoto!_DJMINER
The rise of Bitcoin Unlimited
After the bitcoin block was congested, Core finally stopped the delay tactics and publicly opposed the block expansion. In May 2016, Core Core developers Gregory Maxwell and Mark Friedenbach and others publicly opposed the Hong Kong consensus. Once opposed to the expansion of 20M, it is now quite dramatic that Chinese miners who feel that they have been deceived by Core have begun to replace Gavin, which they once opposed, have become the main force of the expansion.
At bitcointalk.org, Gregory Maxwell rebuked the Core members who attended the Hong Kong meeting as "dipshits," warning the community that although the scammer CSW and its behind-the-scenes supporters (meaning Gavin) have disappeared, external attacks have weakened, but Bitcoin The ability of the community to weaken oneself cannot be ignored.From the perspective of subsequent development, Gregory Maxwell seems to have more influence than the total number of Core members who have participated in the Hong Kong consensus. Samson Mow, who entered Blockstream afterwards, also claimed that there was no breach of contract in the Hong Kong Consensus because several Core developers attending the meeting could not represent the Core team.
In addition to conspiracy theories of Core's consensus on Hong Kong's consensus, the rational explanation is that the hard developmentists such as Gregory Maxwell and Luke Dashjr in the Core development team rejected the public commitment of Adam Back and several core core developers in the Hong Kong consensus. Regardless of how Adam Back and others look at it, in the case of Chinese miners who made a compromise to abandon Bitcoin Classic, this is indeed a deception!
Yuki Wang Yu said he was deceived by Blockstream CEO Adam Back, who signed the Hong Kong Consensus.Samson Mow, who is a bitcoin China COO, also criticized Gregory for underestimating the seriousness of the problem, which undermined community cooperation.
At the end of 2015, in order to avoid Core obstruction and promote block expansion, Andrew Clifford, Andrew Stone, Peter Rizun and others formed Bitcoin Unlimited (BU). On November 26, 2015, Andrew Stone released BUIP1, which began to be controlled by Core. Organization development outside of BIP._DJMINER
In general, BU continued the basic route of BIP100 and BIP109, allowing miners to dynamically mark block size limits and achieve block elastic expansion through the miners' Emergent Consensus. After receiving a $500,000 donation in August 2016, Bitcoin Unlimited was registered as a non-profit organization. (For the organization of BU)
The emergence of Bitcoin Unlimited is of course subject to Core's resistance. At the expansion meeting organized by Blockstream, BTCC, Kraken and Bitfury in September 2016, BU, one of the sponsors, proposed four proposals, but they were all rejected at the meeting. The war between Bitcoin Core and Bitcoin Unlimited has begun.
On September 25th, 2016, the expansion supporters held the "Satoshi's Vision: Development and Scaling Conference" in San Francisco. The meeting focused on the BU route and its main points by members of Bitcoin Unlimited. Improvements: emerging consensus, Xthin blocks, Xpedited Block Reply.
(Note: The word "Satoshi's Vision" in Nakamoto's vision has appeared at least here. In November 2018, after being used by CSW and its sponsor Calvin as a competition for the leadership of BCH, the name of the new version was split. Bitcoin Satoshi Vision (BSV)).
This conference is a climax of a series of expansion conferences that have been independent of Core since June 2016. Participating in and supporting this series of conferences include Roger Ver, Jeff Garzik, Emin Gun Sirer, Peter Rizun, Andrew Clifford, Amaury Sechet and others. Gavin Andresen also clearly expressed support for BU. Bitcoin Unlimited is not just a expanded version, but a highly anticipated expansion of the entire Bitcoin expansion.
Unlike the Bitcoin Classic, BU quickly gained support from some mining forces. In October 2016, the founder of the Viabtc pool, which was invested by Bitland, was the first to announce support for BU. In order to be untouched by people, the famous early Bitcoin investor, Roger Ver, known as "Bitcoin Jesus", also created the Bitcoin.com mining pool and announced support for BU. BGT.top mining pool founder Jiang Zhuoer, Bit Continental's ant mine pool, etc. also support BU.
It can be said that after a long struggle, after recognizing Core's procrastination tactics, especially after the Hong Kong consensus was deceived, the Bitcoin community formed a firm expansion. They no longer believe in Core, no longer compromise the Core, no longer afraid of splitting threats. , giving Bitcoin Unlimited a high level of support. The moment of decisive battle is coming._DJMINER
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