|
Title: Bitcoin: The Next Big Upgrade & Update Features Post by: JollyGood on January 08, 2020, 05:56:29 AM Is there any news about when any upgrade might be happening and what it will entail?
What are the modifications that users would like to see in the next upgrade or update? ------ PLEASE NOTE: This thread will be self-moderated because those posting here with Yobit banners displayed will probably have their posts deleted as soon as I see them. Yobit has been outed by too many users as a scam and for that reason if gullible users or newbies see this thread full of posts showing a Yobit signature campaign they might end up falling victim to it. Those displaying Yobit signature campaigns have the rest of the whole of the forum to promote it. Furthermore, if I think posts might have some worthwhile content but were made just for the sake of promoting a banner or flooding the thread with a particular banner, I will probably delete them too. Title: Re: Bitcoin: The Next Big Upgrade & Update Features Post by: ABCbits on January 08, 2020, 07:22:56 PM Bitcoin Magazine made good article about it, 2020 and Beyond: Bitcoin’s Potential Protocol Upgrades (https://bitcoinmagazine.com/articles/2020-and-beyond-bitcoins-potential-protocol-upgrades)
But there aren't any ETA of when the upgrade/update will be deployed to Bitcoin mainnet, in fact most upgrade/update don't have ETA until the development process (including testing/find bugs) is 100% done or a consensus is archived. There are few suggestion to lower defauly minimum transaction fee (e.g. #14012 (https://github.com/bitcoin/bitcoin/issues/14012), #13922 (https://github.com/bitcoin/bitcoin/pull/13922) and #13990 (https://github.com/bitcoin/bitcoin/pull/13990)) which allowed to be broadcasted by a node, but i doubt it'll happen anytime soon. Schnorr/Taproot/Tapscript probably is what user wanted since it lower transaction size, which means users will pay less fess and allow more transaction in a block. Title: Re: Bitcoin: The Next Big Upgrade & Update Features Post by: figmentofmyass on January 08, 2020, 07:31:48 PM Is there any news about when any upgrade might be happening and what it will entail? What are the modifications that users would like to see in the next upgrade or update? taproot + schnorr signatures is probably the most highly anticipated upgrade. schnorr signatures will allow signature aggregation, which will make multi-sig transactions smaller (and cheaper) and will economically incentivize coinjoins. unfortunately, the BIP (https://github.com/sipa/bips/blob/bip-schnorr/bip-taproot.mediawiki) is still in the draft stages. planning on mainnet activation in 2020 is probably overly optimistic, although possible. |