Re: [Bitcoin-development] Bitcoin difficulty sanity check suggestion

2013-12-22 Thread Mark Friedenbach
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Ryan, these sort of adjustments introduce security risks. If you were
isolated from the main chain by a low-hashpower attacker, how would
you know? They'd need just three days without you noticing that
network block generation has stalled - maybe they wait for a long
weekend - then after that the block rate is normal but completely
controlled by the attacker (and isolated from mainnet).

There are fast acting alternative difficulty adjustment algorithms
being explored by some alts, such as the 9-block interval, 144-block
window, Parks-McClellan FIR filter used by Freicoin to recover from
just such a mining bubble. If it were to happen to bitcoin, there
would be sophisticated alternative to turn to, and enough time to make
the change.

On 12/22/2013 07:10 PM, Ryan Carboni wrote:
> I think Bitcoin should have a sanity check: after three days if
> only four blocks have been mined, difficulty should be adjusted
> downwards.
> 
> This might become important in the near future. I project a
> Bitcoin mining bubble.
> 
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[Bitcoin-development] Bitcoin difficulty sanity check suggestion

2013-12-22 Thread Ryan Carboni
I think Bitcoin should have a sanity check: after three days if only four
blocks have been mined, difficulty should be adjusted downwards.

This might become important in the near future. I project a Bitcoin mining
bubble.
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Re: [Bitcoin-development] Dual elliptic curve algorithms

2013-12-22 Thread Mike Hearn
It is irrelevant.
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[Bitcoin-development] Dual elliptic curve algorithms

2013-12-22 Thread Ron





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Sent: Friday, December 20, 2013 12:33 PM
Subject: Bitcoin-development Digest, Vol 31, Issue 37
 

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Hello all,

Is the dual elliptic curve algorithm mentioned in 
http://www.theguardian.com/world/2013/dec/20/nsa-internet-security-rsa-secret-10m-encryption
 
from 2 days ago, of any concern to Bitcoin? I only ask, since I don't follow 
the field closely, but I see 
http://en.wikipedia.org/wiki/Elliptic_Curve_DSA 

Is this a concern for Bitcoin, or is this all "old news"?

Ron
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End of Bitcoin-development Digest, Vol 31, Issue 37
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