-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 04/23/2014 03:07 PM, Mike Hearn wrote: > On Wed, Apr 23, 2014 at 4:52 PM, Justus Ranvier > <justusranv...@gmail.com>wrote: > >> If enough miners don't like a block that has been mined, they can >> all work to orphan it without any change to the protocol >> whatsoever. >> > > As was already pointed out, yes. However this requires them to > immediate establish a majority consensus and be absolutely sure it > really is the majority. You suggest an out of band mechanism for > that, but why is this better than using the actual consensus > mechanism you're trying to measure? > > >> Once you've changed the network such that it is no longer a >> machine that faithfully processes scripts > > > Bitcoin imposes far more rules than just execution of the > scripting language, many of which are entirely arbitrary and the > result of (controversial) human judgement, like the inflation > schedule. You can't claim Bitcoin implements only some kind of > natural law. >
I've formulated my replies to you and this proposal in a more public venue, where such discussions of existential changes to the protocol more rightfully belong: http://bitcoinism.blogspot.com/2014/04/dirty-deals-in-smoke-filled-rooms.html - -- Support online privacy by using email encryption whenever possible. Learn how here: http://www.youtube.com/watch?v=bakOKJFtB-k -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.22 (GNU/Linux) Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQEcBAEBAgAGBQJTV/Y0AAoJECoisBQbQ4v08NcH/RfkaBAcS5eAKmwePqFuqIUN xJKyIWo+tyY1vPYgArCVNsYr3YM8Wc5fkpqLNxCaM7S0/UmO8YaOdiD7XJyl7bF9 xAveyRt1mfHhx9x6hnPLYbe8WKqtjssSt6MglN8OXtf0EDO+eIxPj6Ya8OZ5YJrL N8SMHaDs2J+qy3Qfec9keE5dyhYLNRC6PjYPVvrRAyqFSjt/8r4Z2a4r0oqvv3Yt mYU1Tx+WoXMKXWY/Dwql1NLbuspZsOhPx/ncROZ5KVryCdrcW/GEIEQ6P0AIdHvT TKYJzh1bdRDYDmVS5z8nUG6waxJwuWPStQo7UYdg26daRUw5qPzjO9SMLLFZPCU= =OOck -----END PGP SIGNATURE-----
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