Hi ZmnSCPxj,

Thank you for your apologies.

>>> Just to be clear, I do not think your additions to the base proof-of-stake 
>>> can fix the issues introduced by proof-of-stake.

No problem. After thinking about my experimental idea to use a formula to give 
more weight to coins together in a single address I think it wouldn't work as I 
expected.

But what I'm defending here is the standard PoS v3.0 which as far I know is 
something like a "gold standard" in PoS.

There are also more "modern" techniques not included in PoS v3.0 that could be 
added like evaluating blockchain density to detect possible attacks which could 
also be used to improve security:

i.e.: as far I know, a 51% history rewrite attack can't be done in PoS if the 
attacker doesn't stop creating his 51% of blocks in the main chain to make it 
shorter than his private fork, and that can be detected:

If nodes detect a hard fork starting in block N (and N has a minimum depth like 
10 blocks or whatever), and the main chain has a dangerous low block density 
between the tip of the blockchain and block N, instead of following the longest 
chain, the nodes could start some emergency protocol like ignoring the new fork.

Regards,

________________________________
From: ZmnSCPxj <zmnsc...@protonmail.com>
Sent: Wednesday, July 24, 2019 6:14
To: Kenshiro [] <tens...@hotmail.com>
Cc: Eric Voskuil <e...@voskuil.org>; Bitcoin Protocol Discussion 
<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Secure Proof Of Stake implementation on Bitcoin

Good morning Kenshiro and list,

I apologize for the unnecessarily toxic words I used in replies to you, 
Kenshiro.
I also apologize to subscribers of the list for this behavior.
Such behavior should not be tolerated and should be called out.

Just to be clear, I do not think your additions to the base proof-of-stake can 
fix the issues introduced by proof-of-stake.
A general heuristic in designing anything is that additional mechanisms cannot 
improve efficiency.

However, it seems I cannot argue the point without becoming rude or introducing 
irrelevant arguments.
Thus, I will no longer respond to this thread.

Regards,
ZmnSCPxj
_______________________________________________
bitcoin-dev mailing list
bitcoin-dev@lists.linuxfoundation.org
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Reply via email to