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Author Topic: Do you know about BIPs?  (Read 2673 times)

Offline NotATether

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Do you know about BIPs?
« on: July 12, 2024, 05:07:31 PM »
For those of you who don't know, I'm sure you have seen the word recently, not here but on the news. Whether it was about Segwit or something else like that, I think it's important for you to know what they are and how they work. So let's get started.

1. A BIP stands for Bitcoin Improvement Proposal.

BIPs are created when somebody has an idea to improve the Bitcoin network. A BIP is a document with a special kind of format that explains exactly why the proposal is needed and how it will work.

2. BIPs are reviewed by the community

All BIPs are submitted to the mailing list of bitcoin-dev or on Github. That is wheve everyone else involved in Bitcoin can go check out the document and offer their opinions on it.

3. Not all BIPs are accepted

Natrually, some BIPs are rejected, for example if it is too complicated to implement, there is not a need for the BIP, or if it changes the Bitcoin protocol in a way that some people don't like.

A BIP is only accepted into the repository if and after it is agreed on by a majority of people. Around this time, it also gets a number.
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Do you know about BIPs?
« on: July 12, 2024, 05:07:31 PM »

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Re: Do you know about BIPs?
« Reply #1 on: July 12, 2024, 05:22:22 PM »
::/::

Sorry to ask, can bitcoin forks be referred to as a BIP?
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Re: Do you know about BIPs?
« Reply #1 on: July 12, 2024, 05:22:22 PM »

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Re: Do you know about BIPs?
« Reply #2 on: July 12, 2024, 05:25:14 PM »
A BIP is only accepted into the repository if and after it is agreed on by a majority of people. Around this time, it also gets a number.

Please throw more lightening. What category kind of majority of people that deliberates this proposal of a BIP after submitted? And what's the central power vested on the people that scrutinizes and approves this in the system.?

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Re: Do you know about BIPs?
« Reply #3 on: July 12, 2024, 05:50:26 PM »
Thank you for sharing this. It’s really interesting but I haven’t seen it on the news in my place.

I think, as long as there is improvement within the bitcoin protocol, I think it is very beneficial towards the cryptocurrency community. Having the reviews Also helps for the right BIP to be implemented.
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Re: Do you know about BIPs?
« Reply #4 on: July 12, 2024, 06:08:35 PM »
Improvements on bitcoin will always be something that people can care about, and if there is any that we could actually like, we will do that for sure. However, we need to also remember that not all of them are the same and that means we are going to cause a lot of issues if we are not careful. This is why I think its important to realize that we may not get what we want at all times, and the improvement someone offers, may not feel like improvement for many. Plus, there isn't really a way to "stop" an improvement offer, you can think of anything as improvement and could be terrible, hence why majority would get rejected I assume.

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Re: Do you know about BIPs?
« Reply #5 on: July 12, 2024, 06:17:27 PM »
Sorry to ask, can bitcoin forks be referred to as a BIP?
Just like the implementation of legacy, segwit and many others are soft forks. Yes they are part of the bitcoin improvement proposals. So the accepted proposals are forks of bitcoin.
« Last Edit: July 12, 2024, 06:23:15 PM by Charles-Tim »
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Re: Do you know about BIPs?
« Reply #6 on: July 13, 2024, 12:49:37 AM »
...And well, it is one of those readings that you do in some way when you want to know a little more, without this having to be a requirement sine qua non to learn how to use bitcoin, anyway, what led me to reading (learning and curiosity) was BIP39.

Why is it called "BIP39?"
Quote
BIP39 is just one of a set of multiple technical design documents introduced by the cryptocurrency community since Bitcoin's inception. Its name comes from the fact that it was the 39th Bitcoin Improvement Proposal (BIP). It actually has a longer formal title: "Mnemonic code for generating deterministic keys" -- a bit of a mouthful -- so you can think of "BIP39" as its nickname. BIP39 has turned out to be one of the most widely-used BIPs, and it's now implemented by many wallet manufacturers, and used for many more cryptocurrencies than just Bitcoin.
source:https://vault12.com/securemycrypto/crypto-security-basics/what-is-bip39/
« Last Edit: July 13, 2024, 12:55:37 AM by famososMuertos »

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Re: Do you know about BIPs?
« Reply #6 on: July 13, 2024, 12:49:37 AM »


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Re: Do you know about BIPs?
« Reply #7 on: July 13, 2024, 12:17:44 PM »
Please throw more lightening. What category kind of majority of people that deliberates this proposal of a BIP after submitted? And what's the central power vested on the people that scrutinizes and approves this in the system.?

People are elected by the bitcoin community (well specifically, everyone who reads the bitcoin-dev mailing list), to the committee of BIP reviewers. In the beginning it was Luke-jr and I think a few other people, but because of inactivity, the mailing list (people in the Bitcoin organization on Github specifically) had elected new BIP reviewers a few months ago.
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Re: Do you know about BIPs?
« Reply #9 on: July 14, 2024, 12:11:01 AM »
Anything that will improve the Bitcoin network protocol is welcome to development, as long as it not going to be some sort of a big deal for the entire Bitcoin ecosystem just like the Bitcoin forks attempts, i haven't read about this anyways but then from what I have seen so far if the project is aimed at improving the already existing protocol for will go a long way to attract bitcoin users, at least to support such development.

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Re: Do you know about BIPs?
« Reply #10 on: July 14, 2024, 02:24:13 AM »
Honestly, I just found out what Bip is from your thread,
Is there any advantage to this Bip ? sorry if I asked the wrong question because I really don't know, if possible could you give me a link so I can read in detail about this Bip
The improvements of the bitcoin protocol became more structured and everyone can see the process since it took the form of a proposal. For example, perhaps not all bitcoin fans know that the Bech32 addresses which are proven to be more tx cost efficient and easy to spell are part of the BIP list (BIP 0173 and 0350)[1][2].
Approving a proposal requires complex discussions and research from several bitcoin technical people so that there are no problems, conflicts, damage to the original protocol.

1. https://en.bitcoin.it/wiki/Bech32
2. https://github.com/bitcoin/bips?tab=readme-ov-file


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Re: Do you know about BIPs?
« Reply #12 on: July 14, 2024, 07:54:09 AM »
Honestly, I just found out what Bip is from your thread,
Is there any advantage to this Bip ? sorry if I asked the wrong question because I really don't know, if possible could you give me a link so I can read in detail about this Bip
The improvements of the bitcoin protocol became more structured and everyone can see the process since it took the form of a proposal. For example, perhaps not all bitcoin fans know that the Bech32 addresses which are proven to be more tx cost efficient and easy to spell are part of the BIP list (BIP 0173 and 0350)[1][2].
Approving a proposal requires complex discussions and research from several bitcoin technical people so that there are no problems, conflicts, damage to the original protocol.

1. https://en.bitcoin.it/wiki/Bech32
2. https://github.com/bitcoin/bips?tab=readme-ov-file

OK, thank you guys, this really helps my knowledge about Bitcoin, it's nice to have friends like you all who always share knowledge without having to know each other and meet face to face, thank you again

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Re: Do you know about BIPs?
« Reply #13 on: July 14, 2024, 09:00:56 AM »
The improvements of the bitcoin protocol became more structured and everyone can see the process since it took the form of a proposal. For example, perhaps not all bitcoin fans know that the Bech32 addresses which are proven to be more tx cost efficient and easy to spell are part of the BIP list (BIP 0173 and 0350)[1][2].
Approving a proposal requires complex discussions and research from several bitcoin technical people so that there are no problems, conflicts, damage to the original protocol.

1. https://en.bitcoin.it/wiki/Bech32
2. https://github.com/bitcoin/bips?tab=readme-ov-file

And also, many technologies are split into many different BIPs so that each section can be described and deliberated over separately, because the way the process is structured makes it so that only a few parts of the standard have to be updated if a document contains an undesirable feature.
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Re: Do you know about BIPs?
« Reply #14 on: July 14, 2024, 10:50:27 AM »
A BIP is only accepted into the repository if and after it is agreed on by a majority of people. Around this time, it also gets a number.

Please throw more lightening. What category kind of majority of people that deliberates this proposal of a BIP after submitted? And what's the central power vested on the people that scrutinizes and approves this in the system.?
basically anyone can try and propose a protocol if they think it will make bitcoin better

the first bip was proposed by a developer from an individual, the entire community needs to then decide whether this protocol is indeed important for the development of bitcoin we are talking about all developers and miners here since there is no one single entity that controls or manages bitcoin

 

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