Re: [bitcoin-dev] A solution to increase the incentive of running a node

2015-08-21 Thread Sergio Demian Lerner via bitcoin-dev
Hector, I can only say 2 things in the brief time I have now: 1. There is a solution that I proposed for proving you own a copy of the block-chain. It's using aymmetric-time functions: https://bitslog.wordpress.com/2014/11/03/proof-of-local-blockchain-storage/ 2. I'm finishing a paper on a

Re: [bitcoin-dev] A solution to increase the incentive of running a node

2015-08-19 Thread Hector Chu via bitcoin-dev
On 19 August 2015 at 13:44, Jameson Lopp jameson.l...@gmail.com wrote: It's possible to check that a transaction is cryptographically valid without having any blockchain data available; are you referring to a different type of validation? It seems laborious to enumerate all the validations

Re: [bitcoin-dev] A solution to increase the incentive of running a node

2015-08-19 Thread Hector Chu via bitcoin-dev
On 19 August 2015 at 12:42, Jameson Lopp jameson.l...@gmail.com wrote: If you can actually come up with a technical solution that allows for a node operator to prove to the rest of the network that they are running an honest full node that hosts the entire blockchain, then you can move forward

Re: [bitcoin-dev] A solution to increase the incentive of running a node

2015-08-19 Thread Jameson Lopp via bitcoin-dev
If operating as an SPV node then it can check the transactions by querying other nodes. On an unrelated note, it sounds like your proposal will significantly increase the data size of every transaction, which will create even more contention for block space. - Jameson On Wed, Aug 19, 2015 at

Re: [bitcoin-dev] A solution to increase the incentive of running a node

2015-08-19 Thread Jameson Lopp via bitcoin-dev
On Wed, Aug 19, 2015 at 7:15 AM, Hector Chu via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org wrote: Bitcoin is imploding due to a failure of consensus. There has been a failure of consensus on how to fix the design flaw evinced by the block size fiasco. I disagree, but this isn't a