It's important therefore to ensure that everyone can make ASICs, IMHO.
On Mon, Jun 18, 2018 at 2:34 PM, Артём Литвинович via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> Dilution is a potential attack i randomly came up with in a Twitter
> arguement and couldn't find any
https://github.com/libbitcoin/libbitcoin/wiki/Other-Means-Principle
>> On Mon, Jun 18, 2018 at 11:39 AM Артём Литвинович via bitcoin-dev
>> wrote:
>> Dilution is a potential attack i randomly came up with in a Twitter
>> arguement and couldn't find any references to or convincing arguments of
Well miners already regularly mine empty blocks. However, it is usually in
the economic interest of the miners to collect transaction fees. This
incentive should hopefully be enough to prevent miners from choosing to
produce many empty blocks.
If a nation state attacker decides to allocate
On Mon, Jun 18, 2018 at 3:40 PM, Bram Cohen via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> Not sure what you're saying here. The block rate can't be particularly
> increased or decreased in the long run due to the work difficulty
> adjustment getting you roughly back where you
On 2018-06-18 18:34, Артём Литвинович via bitcoin-dev wrote:
Suppose a malicious actor were to acquire a majority of hash power, and
proceed to use that hash power to produce valid, but empty blocks.
https://github.com/libbitcoin/libbitcoin/wiki/Empty-Block-Fallacy
Not sure what you're saying here. The block rate can't be particularly
increased or decreased in the long run due to the work difficulty
adjustment getting you roughly back where you started no matter what.
Someone could DOS the system by producing empty blocks, sure, that's a
central attack of
Dilution is a potential attack i randomly came up with in a Twitter
arguement and couldn't find any references to or convincing arguments of it
being implausible.
Suppose a malicious actor were to acquire a majority of hash power, and
proceed to use that hash power to produce valid, but empty
