Re: [bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-21 Thread Tao Effect via bitcoin-dev
> What you are suggesting, unless I am mistaken, is that new full nodes should > have no way of knowing if an output is spent or even if it exists. Since > large sections of the blockchain will potentially be skipped, the full node > will not have complete knowledge of utxo's just for starters.

Re: [bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-19 Thread Daniele Pinna via bitcoin-dev
tcoin Protocol Discussion Cc: Bcc: Date: Sun, 18 Feb 2018 20:29:50 -0500 Subject: [bitcoin-dev] Some thoughts on removing timestamps in PoW Copied from: https://github.com/WebOfTrustInfo/rebooting-the- web-of-trust-spring2018/pull/13 # Blockchain Timestamps Unnecessary In Proof-of-Work? *Author: Greg S

Re: [bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-19 Thread Damian Williamson via bitcoin-dev
on behalf of Tao Effect via bitcoin-dev Sent: Monday, 19 February 2018 12:29:50 PM To: Bitcoin Protocol Discussion Subject: [bitcoin-dev] Some thoughts on removing timestamps in PoW Copied from: https://github.com/WebOfTrustInfo/rebooting-the-web-of-trust-spring2018/pull/13 # Blockch

Re: [bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-18 Thread Ryan J Martin via bitcoin-dev
To be frank, this kind of thing would be better off attempted as a fork to a new coin. Changing the max number of coins, the block reward, the difficulty algo, mining policy and protocol is going to be a non-starter. Also, what are the proposed quantifiavle benefits from removing timestamps? How

Re: [bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-18 Thread Tao Effect via bitcoin-dev
Real quick (I've received some off-list replies and do plan to respond to those), want to be clear: this thread is not meant to be interpreted as a proposal to modify Bitcoin (it is not a BIP), it is just, exactly as the subject says, some thoughts I had that I hadn't seen expressed elsewhere, t

[bitcoin-dev] Some thoughts on removing timestamps in PoW

2018-02-18 Thread Tao Effect via bitcoin-dev
Copied from: https://github.com/WebOfTrustInfo/rebooting-the-web-of-trust-spring2018/pull/13 # Blockchain Timestamps Unnecessary In Proof-of-Work? *Author: Greg Slepak ([@taoeffect@mastodon.social