-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 06/16/2014 04:25 PM, Matt Whitlock wrote: > How can there be any kind of lottery that doesn't involve proof of > work or proof of stake? Without some resource-limiting factor, > there is no way to limit the number of "lottery tickets" any given > individual could acquire. The very process of Bitcoin mining was > invented specifically to overcome the Sybil problem, which had > plagued computer scientists for decades, and now you're proposing a > system that suffers from the same problem. Or am I wrong about > this?
If you allow the solution set to include pay-to-play networks, and not just free P2P networks, then it's easier to find a solution Imagine every node is competing with its peers in terms of relevancy. Relevancy is established by delivering newly-seen transactions first. Each node keeps track of which of its peers send it transactions that it hadn't seen and forwarded to them yet (making sure that the transactions do make it into a block) and uses that information to determine whether or not it should be paying that peer, or if that peer should be paying it, or if they are equal relevancy and no net payment is required. Once any given pair of nodes can establish who, if anyone, should be paying they could use micropayment channels to handle payments. Nodes that are well connected, and with high uptimes would end up being net recipients of payments. Mobile nodes and other low-uptime nodes would be net payers. Now that you've established a market for the service of delivering transaction information, you can rely on price signals to properly match supply and demand. People who hate market-based solutions could always run these nodes and configure them to refuse to pay anyone, and to charge nothing to their peers, if that's what they wanted. - -- 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) iQEcBAEBAgAGBQJTnyRMAAoJEMP3uyY4RQ21XwgH/RPlhgR63XF9/Sm+z0EBxVtO 0hzDngD0iTO1v5LRmas9P5ZuQ97j8169pui+EJO8clXjV41yEu96jc0BiOQTnfMR rzPfgeZqfnVNDvIfJnLRMeVCJMiu9Tjdqx83S28Tz9sx/sgy1uw9INX7M7wOIHFR 7GLA16k4g8qcmnX89XXM3Uf7/3fhL2kiN/E59V2n6qYJAnYTUEb+uehclzR+T4v4 93oAF3TjgLU6J0VleDrvgFcyLriGBjOmkTAvmOJQF1H/s4gzHol5kbOb9vqQ7BJX QQ/mEYHEdCHTxU59FdZ5CmFYZrINHj+mNnu1RorYYF1FLbBDTDpq4zjrJpngayI= =9qQJ -----END PGP SIGNATURE-----
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