Good morning all,
> > >>>Under the trust-minimization requirement of Bitcoin this is simply not
> > >>>acceptable.
> > As there is no way to trust-minimally heal from a network split (and every
> > time a node is shut down, that is indistinguishable from a network split
> > that isolates that
> On Jul 17, 2019, at 03:10, Kenshiro [] via bitcoin-dev
> wrote:
>
> Hi ZmnSCPxj,
>
> I'm based on the more evolved implementation of PoS that I know, which is PoS
> v3.0 and it's currently implemented in several coins:
>
>
Hi ZmnSCPxj,
I'm based on the more evolved implementation of PoS that I know, which is PoS
v3.0 and it's currently implemented in several coins:
http://earlz.net/view/2017/07/27/1904/the-missing-explanation-of-proof-of-stake-version
As far as I know the grinding attack is and old issue that is
Good morning Kenshiro,
> 4 - In any given block, only one staker gets the authorization to create that
> block, so other stakers can't spam the network with many different blocks as
> they are illegal.
This leaves the consensus algorithm liable to stake-grinding attacks.
Often, the selection
Hello,
I have written a BIP describing the Signet network. Feedback requested!
https://github.com/bitcoin/bips/pull/803
Pasted in its entirety below, with formatting issues left as is. See
above link for styled version.
BIP:
Layer: Applications
Title: Signet
Author: Karl-Johan Alm
Good morning Kenshiro,
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‐‐‐ Original Message ‐‐‐
On Tuesday, July 16, 2019 8:33 PM, Kenshiro \[\] via bitcoin-dev
wrote:
> Hi,
>
> After studying several Proof of Stake implementations I think it's not only
> an eco-friendly (and more ethical)
Hi Oscar,
Thank you for your answer. Just to clarify my proposal:
1 - It's a full change to Proof of Stake protocol to avoid the energy waste and
to prevent a 51% history rewrite attack, even if the attacker has 99% of coins.
2 - The hardcoded checkpoints could be set by each bitcoin node
Hi Kenshiro,
I don't think your proposal would require any changes to the Bitcoin Core
implementation. This system you describe seems like it would operate as an
independent addition, rather than an alternative to the Proof of Work
consensus code that runs within Bitcoin now. It introduces
