Re: [bitcoin-dev] BIP Idea : DDoS resistance via decentrilized proof-of-work

2017-06-22 Thread Ilya Eriklintsev via bitcoin-dev
t; > -- > *From:* bitcoin-dev-boun...@lists.linuxfoundation.org < > bitcoin-dev-boun...@lists.linuxfoundation.org> on behalf of Ilya > Eriklintsev via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> > *Sent:* Wednesday, June 21, 2017 9:55 AM >

Re: [bitcoin-dev] BIP Idea : DDoS resistance via decentrilized proof-of-work

2017-06-22 Thread John Hardy via bitcoin-dev
oun...@lists.linuxfoundation.org> on behalf of Ilya Eriklintsev via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> Sent: Wednesday, June 21, 2017 9:55 AM To: bitcoin-dev@lists.linuxfoundation.org Subject: [bitcoin-dev] BIP Idea : DDoS resistance via decentrilized proof-of-work Hello everyone,

Re: [bitcoin-dev] BIP Idea : DDoS resistance via decentrilized proof-of-work

2017-06-22 Thread Conrad Burchert via bitcoin-dev
As soon as there is competition for block space, people will likely outsource creating the proof of work on the transaction to "transaction miners". This would likely result in giving a fee to those transaction miners. If those are the same miners as those mining the block, we are back at the

[bitcoin-dev] BIP Idea : DDoS resistance via decentrilized proof-of-work

2017-06-21 Thread Ilya Eriklintsev via bitcoin-dev
Hello everyone, recently I have got an idea that in my opinion will improve bitcoin network, making it better store-of-value for growing cyberspace and cryptoeconomy. Sorry for longread below and thank you for your time. *Decentralized proof-of-work and DDoS resistance for Bitcoin* *Abstract*