Summary
TL;DR: People on Bitcoin Twitter are changing their profile pictures to Reuben sandwiches to show support for the CTV and LNHANCE upgrade proposals. These proposals aim to address Bitcoin’s scaling issue. Consensus for activating these upgrades is difficult to measure, but community engagement and signaling support online can help. Activation can be done through methods like BIP8 and BIP9, with the possibility of a User Activated Soft Fork (UASF) if economic value supports the change. Engaging with the community and businesses, reviewing the code, and participating in the bounty program can also contribute to finding consensus. The author believes consensus for CTV is close or already achieved.
Key Points
1. The Reuben sandwich trend on Bitcoin Twitter is a way for users to show support for the CTV or LNHANCE upgrade proposals, which aim to address Bitcoin’s scaling issue. The sandwich image or 🥪 emoji serves as a symbol of this support.
2. Consensus in the Bitcoin community is a complex and nuanced concept, with different stakeholders playing a role in determining the direction of proposed changes. While miners have traditionally held significant power in decision-making, the economic majority of Bitcoin users ultimately determines consensus.
3. Activation of soft forks, such as the CTV upgrade, can be done through various methods, including BIP8 and BIP9. These methods rely on signaling periods and activation thresholds to ensure widespread support from the Bitcoin ecosystem. The threat of a User Activated Soft Fork (UASF) can also influence miners to adopt upgrades supported by the economic majority.