-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Transactions != blocks. There is no need for a "merge" block.
You are free to trade transactions off-line, so long as you are certain the other parties are not secretly double-spending coins they send you on the block chain. When connection to the bitcoin network is re-established, you simply transmit the transactions and in the regular course of things they make their way into one of the next blocks. Any transactions which derive from the double-spent one are invalid. But that's your problem, not the miners - chase after Bob and get him to give you the money he owes. On 12/17/2013 02:41 PM, Troy Benjegerdes wrote: > I want to get some feedback.. I've used distributed version control > systems for a long time, and the most useful feature is to be > able to merge two different forks. > > So what's the equivalent of this for Bitcoin or other > crypto-currencies? > > Let's suppose that me and my friends get 'islanded' from the rest > of the internet for a week, but we still want to trade bitcoin. It > would work if there are local miners, until we reconnect. > > Suppose we have the main chain (Alice), while bob is on a boat, > trading with some friends, but has no network connectivity. > > When bob reconnects with Alice, a 'Merge' transaction happens where > a miner looks at bob's forked blockchain, sees no double-spends, > and includes BOTH chains. > > Now suppose someone on bob's boat has a buggy client, or sent a > transaction before disconnect that results in a double-spend on the > merge. > > So we have a merge conflict, which generally requires human > interaction, so bob and his friends broadcast a MERGE request with > a transaction fee sufficient to cover reconciling the > double-spends, AND incentivize a miner to do some extra work to > merge. > > Thoughts everyone? > > -- Troy > > ------------------------------------------------------------------------------ > > Rapidly troubleshoot problems before they affect your business. Most IT > organizations don't have a clear picture of how application > performance affects their revenue. With AppDynamics, you get 100% > visibility into your Java,.NET, & PHP application. Start your > 15-day FREE TRIAL of AppDynamics Pro! > http://pubads.g.doubleclick.net/gampad/clk?id=84349831&iu=/4140/ostg.clktrk > > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development > -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.14 (GNU/Linux) Comment: GPGTools - http://gpgtools.org Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQIcBAEBAgAGBQJSsNTOAAoJEAdzVfsmodw4rBUP/jBFvPks4h0k1GQEPQPYvqNa 3OhuSlC9EfHmjXxftj6j0lH6JO60BFIoA3P76oFycQRqzNSw3YoldQ1MttpNAAZg ftiJJjYcuVmDYYWxfWPZN7ZsHrrhGkMn+i0PB1vXU3PB3sStb18vhbIoTZmwH7Rk vaUaX8EKFh6R8Y+6nqFMKu8eALaFQPJFP1aNo31ixsFFJrl02zQeIZiTbrOensEj 6AhXm2oYRqB1aolMmy/m5zcA3IicayJ6seoCQcRhPty6G2l+/4opgATdEBjzgczW Yhw20YkayyvPa+Fsqwad5AzgGYbm7OA0U6mO/pfeNhglNSt/TGfuSPe1oM9hWt9/ 8gP3PG4O4Fxi+gOAlNABgmoRKvQK8T3TX+eoayxPJiLxi+5l3+1CK0FK1+mKPThr heFrc5e9QlUIgATOpLYSs/elgAFM6N2Sez+RNiOg201M10VVKqXzBgZRQ+IYRRk6 jbaBKxsQ/ql5+2vwaUkplg/6Y6rfvRItQ+8xwXEvxazPAAh3Mp0fPbqas+F0e1Ie SwVTq517iV7eu+kMxOJEqaCky8ihbaUmshjeEccXdbodpygxCR2dZ0xAkvwXYtnK +ZjLQ7o8ySZs89Jvdx8H2fsu6m3hS/7Mm+zJVGV/hLHLoL7IrYPzTHcOHv8eT106 IYM30Hv+vDrt+f8ZRZ80 =09Pt -----END PGP SIGNATURE----- ------------------------------------------------------------------------------ Rapidly troubleshoot problems before they affect your business. Most IT organizations don't have a clear picture of how application performance affects their revenue. With AppDynamics, you get 100% visibility into your Java,.NET, & PHP application. Start your 15-day FREE TRIAL of AppDynamics Pro! http://pubads.g.doubleclick.net/gampad/clk?id=84349831&iu=/4140/ostg.clktrk _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
