A rolling epoch, as suggested in the paper, not only helps keep the blockchain length tractable it also prevents "submarining" from assets which haven't moved since the early days of a blockchain (e.g., Satochi/Finney and new blockchain pre-mining).
On Mon, Jul 2, 2018, 1:30 PM juan <juan....@gmail.com> wrote: > On Mon, 2 Jul 2018 06:49:04 -0700 > Steven Schear <schear.st...@gmail.com> wrote: > > > In 2013, a paper I contributed to offered a solution to the ever growing > > blockchain delema: a finite epoch. The solution is similar the one Chaum > > used on Digicash. It would fix, temporally, the blockchain to include > only > > transactions for the past 2 years, > > and what happens to funds older than 2 years? > > "Any money still held from transactions in these blocks would be > freed up, and released back to the network in the form of a lottery." > > lolwut - that's trolling, right? =) > > > > > > for example, thus creating a blockchain > > of tractable and predictable size for affordable full nodes. > > > > > https://www.coindesk.com/bitcoin-activists-suggest-hard-fork-to-bitcoin-to-keep-it-anonymous-and-regulation-free/ > > > > More recently, I've co-written a paper proposing a distributed service > > solution that could solve thin wallet privacy and security issues without > > needing to trust individual full nodes under the control of others. > > >