Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Mike Hearn
Jeff, I think the message you're replying to got clipped. Satoshi's only comment AFAIK on the topic of GPU mining was to wish for a gentlemen's agreement to postpone it as long as possible, to help make sure the distribution of coins was as even as possible. Indeed this predated pooled mining.

Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Mike Hearn
Oops, sorry, I see the subject line changed. This is what I get for working down the thread list top to bottom :) I think the best path forward now is to finish off getblocktemplate support in the various tools so it's possible to pool for payout purposes without giving up control of block

Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Jeff Garzik
Before they got traction, yes. But he projected a bit, as anyone could, to see the trend. On Thu, Jul 17, 2014 at 1:22 PM, slush sl...@centrum.cz wrote: On Thu, Jul 17, 2014 at 6:14 PM, Jeff Garzik jgar...@bitpay.com wrote: Historical note: On one hand, Satoshi seemed to dislike the early

Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Jeff Garzik
Yes. That, and several other things. If you can figure out how to propagate a block without re-propagating all the transactions everyone already has, you address the large-blocks-slower-to-relay problem, and additionally create an incentive for miners to mine blocks consisting of publicly

Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Emin Gün Sirer
I thought I'd chime in and point out some research results that might help. Even if they don't, there is a cool underlying technique that some of you might find interesting. The problem being tackled here is very similar to set reconciliation, where peer A thinks that the set of transactions that

Re: [Bitcoin-development] Decentralizing ming

2014-07-18 Thread Emin Gün Sirer
My apologies for posting to the wrong thread. On Fri, Jul 18, 2014 at 5:51 PM, Emin Gün Sirer el33th4...@gmail.com wrote: I thought I'd chime in and point out some research results that might help. Even if they don't, there is a cool underlying technique that some of you might find

[Bitcoin-development] Decentralizing ming

2014-07-17 Thread Jeff Garzik
Define acceptable. The 40% thing is marketing and a temporary solution. And people come down on both sides of whether or not marketing 40% is a good idea. I think it is a baby step that is moving in the right direction. You want the numbers and sentiment moving in that direction (down, versus

Re: [Bitcoin-development] Decentralizing ming

2014-07-17 Thread slush
On Thu, Jul 17, 2014 at 6:14 PM, Jeff Garzik jgar...@bitpay.com wrote: Historical note: On one hand, Satoshi seemed to dislike the early emergence of GPU mining pools quite a bit. To my knowledge, Satoshi left the project before mining pools got a traction. slush