Re: [bitcoin-dev] Consensus protocol immutability is a feature

2021-05-22 Thread Raystonn . via bitcoin-dev
May 22, 2021, 13:09 Raystonn . via bitcoin-dev mailto:bitcoin-dev@lists.linuxfoundation.org>> wrote: Suggestions to make changes to Bitcoin's consensus protocol will only ever be entertained if Bitcoin is completely dead without such a change. Any attempt to change consens

[bitcoin-dev] Consensus protocol immutability is a feature

2021-05-22 Thread Raystonn . via bitcoin-dev
Suggestions to make changes to Bitcoin's consensus protocol will only ever be entertained if Bitcoin is completely dead without such a change. Any attempt to change consensus protocol without a clear and convincing demonstration to the entire network of participants that Bitcoin will die withou

[bitcoin-dev] Network-layer attacks

2017-05-09 Thread Raystonn . via bitcoin-dev
This study was released last week, detailing some attacks at the network layer: https://btc-hijack.ethz.ch/files/btc_hijack.pdf. Of the countermeasures discussed in the paper, the use of encryption to secure communications between nodes looks like low hanging fruit. Raystonn

Re: [bitcoin-dev] BIP proposal: Inhibiting a covert attack on the Bitcoin POW function

2017-04-05 Thread Raystonn . via bitcoin-dev
Great catch, and a good proposal for a fix. Pushing the activation height out to allow existing hardware to enter obsolescence prior to activation may help reduce miner resistance. It may also avoid legal threats from those currently abusing. If miners still resist, the threat of an earlier a

Re: [bitcoin-dev] Hard fork proposal from last week's meeting

2017-03-29 Thread Raystonn . via bitcoin-dev
Low node costs are a good goal for nodes that handle transactions the node operator can afford. Nobody is going to run a node for a network they do not use for their own transactions. If transactions have fees that prohibit use for most economic activity, that means node count will drop until

Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn't temporary

2015-07-30 Thread Raystonn via bitcoin-dev
Russ, do you have time to get started on your list?  It would add value. On 30 Jul 2015 5:15 pm, Milly Bitcoin via bitcoin-dev wrote: These are the types of things I have been discussing in relation to a process: -A list of metrics -A Risk analysis of the baseline system.  Bitcoin

Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttemporary

2015-07-29 Thread Raystonn . via bitcoin-dev
at you're addressing your question to Greg Maxwell, however a point you keep stating as fact calls for reference: On 07/30/2015 04:28 AM, Raystonn . via bitcoin-dev wrote: [snip] How do you plan to address the bleeding of value from Bitcoin to alternative lower-fee blockchains created by the

Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttemporary

2015-07-29 Thread Raystonn . via bitcoin-dev
Gregory, can you please speak to the following points. I would like a better understanding of your positions. 1) Do you believe that Bitcoin's future is as a high-value settlement network? 2) Do you believe we need an artificial limit to transaction rate, perhaps implemented as a maximum bl

Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measureisn't temporary

2015-07-29 Thread Raystonn . via bitcoin-dev
All of the properties you describe are also properties of many of the alternative blockchains that currently exist. In this space, Bitcoin gives up these advantages. Much like anywhere else where liquidity moves within a system, value will move to the network of least friction. The reality ri

Re: [bitcoin-dev] Răspuns: Personal opinion on the fee market from a worried local trader

2015-07-29 Thread Raystonn . via bitcoin-dev
> When a category of users would get priced out because of the fee market, they > would be free to use any altcoin they want. I believe that pretty well sums up where we’re headed if transaction rate is artificially limited, whether that be by maximum block size limit or something else. A fee

Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttemporary

2015-07-29 Thread Raystonn . via bitcoin-dev
Eric, any plans to correct your article at https://bitcoinmagazine.com/21377/settling-block-size-debate/? From: Mike Hearn via bitcoin-dev Sent: Wednesday, July 29, 2015 4:15 AM To: Eric Lombrozo Cc: Bitcoin Dev Subject: Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttempor

[bitcoin-dev] Bitcoin, Perceptions, and Expectations

2015-07-23 Thread Raystonn . via bitcoin-dev
There is now a pull request to remove mention of "zero or low fees", "fast international payments", and "instant peer-to-peer transactions" from bitcoin.org. For those non-technical users who do not read source code, this may come across as the breaking of the social contract on what Bitcoin i

Re: [bitcoin-dev] Bitcoin Core and hard forks

2015-07-22 Thread Raystonn via bitcoin-dev
> If the developers fail to reflect user consensus, the network will let us know. This is true with the caveat that there must be more than one option present for the network to show it's preference.  If developers discourage anything that forks from the rules enforced by Bitcoin Core, they harm th

Re: [bitcoin-dev] BIP 102 - kick the can down the road to 2MB

2015-07-17 Thread Raystonn via bitcoin-dev
> I'm concerned that miners are prematurely bumping their soft limit to 1 MB lately. By what measure do you call this premature? On 17 Jul 2015 1:30 pm, Luke Dashjr via bitcoin-dev wrote: On Friday, July 17, 2015 3:55:19 PM Jeff Garzik via bitcoin-dev wrote: > BIP PR: https://github.com