On 4/23/2014 2:23 PM, Tier Nolan wrote: > An interesting experiment would be a transaction "proof of > publication" chain.
What if a transaction could simply point back to an earlier transaction, forming a chain? Not a separately mined blockchain, just a way to establish an official publication (execution) order. Double spends would be immediately actionable with such a sequence. Transactions in a block could eventually be required to be connected in such a chain. Miners would have to keep or reject a whole mempool chain, since they lack the keys to change the sequence. They would have to prune a whole tx subchain to insert a double spend (and this would still require private keys to the double spend utxo's). This idea seemed promising, until I realized that with the collision rebasing required, it would barely scale to today's transaction rate. Something that scales to 10,000's of transactions per second, and really without limit, is needed. Anyway, I wrote it up here: https://github.com/dgenr8/out-there/blob/master/tx-chains.md ------------------------------------------------------------------------------ Start Your Social Network Today - Download eXo Platform Build your Enterprise Intranet with eXo Platform Software Java Based Open Source Intranet - Social, Extensible, Cloud Ready Get Started Now And Turn Your Intranet Into A Collaboration Platform http://p.sf.net/sfu/ExoPlatform _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
