I think standardization of this term is a great idea. I second all of
Jimmy's points. I think the analogy of dollars & cents to bits and satoshis
is easy to grasp, particularly given that satoshis and cents are the
smallest tangible units of their respective currencies. It's a concept
that's
Good morning Paul,
It seems many blocks have a coinbase that pays out to a P2PKH.
The public key hash of a potential Accomplice is then readily visible on-chain
on the P2PKH of the coinbase.
What is more, the potential Accomplice's hashpower can be judged on-chain also:
the more blocks pay
Hello,
I would like propose a way for full Bitcoin nodes to be used as simple
trusted third parties (TTPs) [1]. The idea is that parties would work
together to randomly select a Bitcoin node. The parties would then perform
a secure multi-party computation (MPC) [2], where every party has a secret
On Wed, Dec 13, 2017 at 01:46:09PM -0600, Jimmy Song via bitcoin-dev wrote:
> Hey all,
>
> I am proposing an informational BIP to standardize the term "bits". The
> term has been around a while, but having some formal informational standard
> helps give structure to how the term is used.
>
>
