The output has to be burned otherwise there is no cost of expressing
any number of alternate opinions the same time.
Tamas Blummer
Bits of Proof
On Dec 15, 2014, at 3:55 PM, Isidor Zeuner cryptocurrenc...@quidecco.de wrote:
For every participant who could try to decide about the adequateness
Let me be more concrete in implementation details:
1) burn transaction sends at least n satoshis to an OP_RETURN h,
2) h mod m matches the bitcoin block hash mod m, for the block the burn
transaction was mined into.
3) The side chain block header hashes to h and also contains the bitcoin block
On Tue, Dec 16, 2014 at 11:55:50AM +0200, Alex Mizrahi wrote:
Usually at this point people say we assume that miners aren't going to
collude, otherwise even Bitcoin is not secure.
Well, this is BS. The fact that a pool can acquire more than 50% of total
hashpower was successfully demonstrated
Thank you Jeff.
Having looked at a lot of linux code, and now a lot of bitcoin code, the
biggest long-term systemic risk I see is that Bitcoin has is the lack of
code janitors.
The problem is that janitoring was *disruptive* for non-x86 linux architectures
when it first got going, and it's
Peter provides an excellent summary of Proof of Publication, which starts
with defining it as being composed of a solution to the double spend
problem. He requires Proof-of-receipt (proof every member of p in audience
P has received a message m), Proof-of-non-publication (proof a message m
has
Would someone also clarify the use of nit for nitpicking and how it plays
in the role of consensus?
It seems like it's used for minor complaints/preferences.
Drak
On Wed, Dec 10, 2014 at 3:52 PM, Jeff Garzik jgar...@bitpay.com wrote:
On Wed, Dec 10, 2014 at 1:47 AM, Wladimir laa...@gmail.com
-BEGIN PGP SIGNED MESSAGE-
Hash: SHA512
bleep bloop
Peter Todd:
On Fri, Dec 12, 2014 at 01:41:34PM +, odinn wrote:
Peter... It kind of sounds to me that (as fine of a position
paper as this is) on _certain_ points, you're falling prey to the
but it's inefficient, but it's a
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