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Author Topic: Miners don't even know what P2SH is!  (Read 1140 times)
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January 26, 2012, 03:21:58 PM
 #1

In regards to this thread https://bitcointalk.org/index.php?topic=60829.0

Users don't know what P2SH is, nor do I. So why do they have to vote, when they don't understand it?

The explanation in the wiki is vague and is meant for dev users. My dev experience is small, and I don't understand the bitcoin protocol in order to know what P2SH is.

An explanation is REQUIRED in order to vote.

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There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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January 26, 2012, 06:10:22 PM
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Sadly, both sides are twisting this into seeming like a "vote". It isn't. In order to activate full validation of P2SH transactions, we need over 50% of the hash power to update their clients to be ready to preform the full validation.

People are refusing to update.

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January 26, 2012, 08:16:58 PM
 #3

An explanation is REQUIRED in order to vote.
Like this one?

How often do you get the chance to work on a potentially world-changing project?
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