As The explanation I gave in a Take As of two weeks ago, the threat or promise (depending on your point-of-view) that protocol ossification would occur was overstated, at least for this time.
YesThe rate of soft knives has decreased significantly in recent years. Taproot In 2021, But it seems this has more to do with a lack of interest in the potential upgrades that’ve been proposed since then, rather than it being due to the lack of a good process for deploying protocol upgrades. (Although It isn’t exactly a solution either.
Bitcoin Core developers are generally funded on a no-strings-attached basis or outright volunteers, meaning they’re not required to work on any specific part of the codebase. As As a result, they will devote their energy and time to the things that interest them or are important for them to do. So far, that hasn’t really been any of the soft fork proposals: the various covenant-style opcodes aren’t unequivocally perceived to offer the type of groundbreaking use cases that deserve prioritization, and while Drivechains Their major disadvantage is that they can be stolen by miners.
But even if Bitcoin Core developers aren’t interested, that doesn’t mean it’s impossible to upgrade Bitcoin. For Better or worse, anyone who has the necessary skillset can deploy a soft-fork via an alternative client. This is even true for a User Activated Soft Fork (UASF). YetNo one, even though there are occasional rumours, has actually done it yet.
I suspect this is at least in part because the proponents of these soft forks aren't convinced a UASF would actually be successful. And if a UASF wouldn’t be successful, maybe the upgrade is not worth doing in the first place…
This Article is an Take. Opinions expressed are entirely the authYou can also find out more about's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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