Bitcoin Cash Community has been very active lately due to a proposal released by Amaury Séchet, in which he talked about the possibility of rolling out a protocol known as “Pre-Consensus.”
Bitcoin ABC’s lead developer published the proposal on his twitter. According to the famous programmer, Pre-Consensus would bring several benefits to the Bitcoin Cash Blockchain
I wrote something. This is about pre-consensus, and how it can help delegate part of the decisions involved choosing consensus parameters to the market, in addition to other great benefits in term of 0-conf and scale.https://t.co/7aUXmk7n74
— Deadal Nix (@deadalnix) July 20, 2018
Pre-Consensus is defined as a series of technologies that would make it possible to establish some standards in order to determine the characteristics that the next block will have before it is uploaded to the blockchain.
In a publication uploaded to the website Yours.org, Mr. Séchet mentions that he has spent a lot of time with this idea in his head:
“Even before Bitcoin Cash was a thing, I was promoting the idea of pre-consensus. This refers to a set of technologies allowing network participants to agree as much as possible on what the next block is going to look like. If done well, this provides significantly stronger 0-conf guarantee that we currently have, while also allowing to reach greater scale by moving work out of the critical path (if a node knows what the next block is going to look like, a lot of the validation work can be done ahead of time).”
The document is not yet fully developed. Séchet says it still needs a lot of work to be completed. At the moment, the draft has not made much progress, although its fundamental structure is well conceived.
Séchet says he has been focused on other tasks, but from now on he will work on the development of Pre-consensus as a priority.
“While pre-consensus is on the roadmap since day 1, it has made close to zero progress. I cannot tell why other have not worked on it, but I know why I did not.
These years has been full of crisis to manage, of people wanting attention to get alternatives ideas move forward, the flavor of the day being tokens. While all these projects have value, it is clear that I need to ruthlessly prioritize pre-consensus.”
The community has possitively received Séchet’s proposal. Many believe its implementation would help increase the adoption and functionality of BCH as well as promote scalability solutions.
Ryan Charles, CEO of Yours.org and Money Button was quite excited after reading the whitepaper published by Séchet on his website:
Amaury is going to work on pre-consensus and making 0-conf better. Awesome! https://t.co/EdDUOt34G6
— Ryan X. Charles (@ryanxcharles) July 20, 2018
Others, however, have not been very excited. Craig Wright vigorously attacked the idea after reading the whitepaper.
No hash goes to this crap.
They want it, they fork it, without us. Without the apps using our code, our IP etc.
Without the companies we have invested in.
— Dr Craig S Wright (@ProfFaustus) July 20, 2018
The discussion has been very active on social networks, especially on Reddit where BCH users have posted their impressions on the r/BTC subreddit.
CSW writes about a new (non hardfork-change) “They want it, they fork it, without us. Without the apps using our code, our IP etc. Without the companies we have invested in.” People should see how dangerous this man and his patent troll company nChain are to Bitcoin Cash survival. from btc