On Tue, May 16, 2017 at 03:15:17PM +0300, Alex Mizrahi via bitcoin-dev wrote: > > Something I've recently realised is that TXO commitments do not need to be > > implemented as a consensus protocol change to be useful. > > > You're slow, Peter. I figured this out back in 2013: > > https://bitcointalk.org/index.php?topic=153662.10
Lol, good job! And you even figured out that lovely "distributed file system" explanation first. Though, it does look like I'm still the person who made it 100% *clear* the first time - you're explanation is easy to read the wrong way, particularly when you say: "Next time I will teach you how to implement a blockchain-based cryptocurrency in such a way that new miners can start mining right away without downloading whole blockchain, stay tuned..." After all, at the time UTXO commitments had been already discussed. Also, talking about a DHT in relation to this stuff probably made the explanation get missed by some people. Unfortunately, I think this is a good example of how important coming up with good explanations and analogies is. :/ -- https://petertodd.org 'peter'[:-1]@petertodd.org
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