oun...@lists.linuxfoundation.org> on behalf of Luv Khemani via
bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>
Sent: Thursday, April 6, 2017 8:02 PM
To: Gregory Maxwell; Bitcoin Protocol Discussion
Subject: Re: [bitcoin-dev] BIP proposal: Inhibiting a covert attack on the
Bitcoin POW function
Hi
Hi Greg
Great work in discovering this!
> A month ago I was explaining the attack on Bitcoin's SHA2 hashcash which
is exploited by ASICBOOST and the various steps which could be used to
block it in the network if it became a problem.
Could you elaborate on why you consider ASICBOOST to be an
> Err, no, that's what happens when you double click the Ethereum icon
instead of the Bitcoin icon. Just because you run "Bitcoin SPV"
instead of "Bitcoin Verify Everyone's Else's Crap" doesn't mean you're
somehow going to get Ethereum payments. Your verification is just
different and the risks
> Nodes don't do politics. People do, and politics is a lot larger with a lot
> more moving parts than just node operation.
Node operation is making a stand on what money you will accept.
Ie Your local store will only accept US Dollars and not Japanese Yen. Without
being able to run a node,
>> If home users are not running their own full nodes, then home users have to
>> trust and rely on other, more powerful nodes to represent them. Of course,
>> the more powerful nodes, simply by nature of having more power, are going to
>> have different opinions and objectives from the users.
Hi Juan
> I tend to believe more in Moore’s law, Butters' Law of Photonics and
Kryder’s Law all has been verified for many years and support that 32 MB in
2020 are possible and equals or less than 1 MB in 2010.
Protocol development, especially one in control of people's money cannot be
that's too risky to improve their code. After all, they
are generating half million USD per day and a few seconds of downtime
would hurt.
By the way, vast majority of the full blocks (0.99MB) on the blockchain
are generated by Chinese pools.
Luv Khemani via bitcoin-dev 於 2015-08-17 04
Hi all,
I previously mentioned in a post that i believe that technically nodes are
capable of handling blocks an order of magnitude larger than the current
blocksize limit, the only missing thing was an incentive to run them. I have
been monitoring the blockchain for the past couple of weeks
The current block size debate has brought up an important, albeit often
neglected observation. Full nodes suffer from a tragedy of the commons problem
and therefore are likely to continue decreasing as a percentage of total
Bitcoin nodes. This also results in a vicious circle as more and more
