From: Light <bitcoin-dev@lightco.in>
To: bitcoindev@googlegroups.com
Subject: Re: [bitcoindev] Hourglass V2 Update
Date: Fri, 13 Feb 2026 17:06:29 -0500 [thread overview]
Message-ID: <57bd09bc-1c1b-4605-82f9-65b6b61cf8a2@app.fastmail.com> (raw)
In-Reply-To: <9336f5a4-5c28-4c1b-af29-a8462b7a9377n@googlegroups.com>
Bitcoin should not have an in-protocol plunge protection mechanism, and certainly not one that artificially restricts people's ability to spend their coins. I encourage you to withdraw this proposal, for the sake of bitcoin's integrity and utility as a p2p electronic cash system.
On Tue, Feb 10, 2026, at 3:47 PM, Mike Casey wrote:
> In response to feedback, the Hourglass proposal to mitigate against
> potential mass liquidation of P2PK funds has been enhanced to further
> limit spend amounts from such outputs to only 1 bitcoin per block.
> https://github.com/cryptoquick/bips/blob/hourglass-v2/bip-hourglass-v2.mediawiki
>
> Prior discussion of the original Hourglass proposal:
> https://groups.google.com/g/bitcoindev/c/zmg3U117aNc/m/lDCMs9j7EAAJ
>
> Thoughts & feedback welcome!
>
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next prev parent reply other threads:[~2026-02-13 22:13 UTC|newest]
Thread overview: 12+ messages / expand[flat|nested] mbox.gz Atom feed top
2026-02-10 20:47 Mike Casey
2026-02-13 22:06 ` Light [this message]
2026-02-16 22:03 ` Jameson Lopp
2026-02-17 0:31 ` Light
2026-02-17 13:02 ` Garlo Nicon
2026-02-17 13:24 ` Isabel Foxen Duke
2026-02-23 18:47 ` Isabel Foxen Duke
2026-02-25 14:39 ` Bob Burnett
2026-02-25 16:46 ` Jameson Lopp
2026-02-18 14:33 ` Mike Casey
2026-02-19 3:26 ` Alex
2026-02-21 6:22 ` neonrooks
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