quote: > On 6/16/14, Mike Hearn <m...@plan99.net> wrote: > > If they decide to change to something like highest-fee-always-wins, then > > they (again) centralise things by forcing all instant transactions to pay > > GreenAddress and its competitors money - much though I like your product > > Lawrence, let's hope they don't collectively lemming us all off a cliff by > > doing that ;) > > Replace-by-fee doesn't imply the use of green addresses (there's other > solutions to 0 conf transactions in that context, for example, > "scorched earth"). And giving up the non-enforceable first-seen > default mining policy doesn't mean "giving up on the Bitcoin > experiment" either. >
If something means "giving up on the Bitcoin experiment", then for sure it's not one mining policy or another, but the assumption that we should have one uniform mining policy. If we had a community where enough miners had their own opinion about the best mining policy, and expressed it by choosing an appropriate mining pool, then we would have better decentralized mining based on selfish motives of the miners, rather than based on an abstract thought of "centralization is bad, so I will consider how much mining profit from qualitatively interchangable mining pools I'm willing to sacrifice in order to ease my centralization fears". Best regards, Isidor ------------------------------------------------------------------------------ HPCC Systems Open Source Big Data Platform from LexisNexis Risk Solutions Find What Matters Most in Your Big Data with HPCC Systems Open Source. Fast. Scalable. Simple. Ideal for Dirty Data. Leverages Graph Analysis for Fast Processing & Easy Data Exploration http://p.sf.net/sfu/hpccsystems _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
