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

2013-12-23 Thread Robin Ranjit Singh Chauhan
Mark, thank you for a very clear explanation of why this proposal would be dangerous. What I have noted in many discussions regarding blockchain security and proof-or-work schemes, is there is a wide gulf between those few people who can clearly reason about it, and those who have a lot trouble

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

2013-12-23 Thread Ryan Carboni
I think you misunderstood my statement. If time 3 days, and after 4 blocks have been mined, then difficulty would be reset. In theory, one would have to isolate roughly one percent of the Bitcoin network's hashing power to do so. Which would indicate an attack by a state actor as opposed to

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

2013-12-23 Thread Allen Piscitello
Ryan, Why do you continue to try to correct people who clearly have put more thought into this than you? Everyone understood you just fine, you just seem to have trouble comprehending why your ideas are terrible. On Mon, Dec 23, 2013 at 7:51 PM, Ryan Carboni ryan.jc...@gmail.com wrote: I

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

2013-12-23 Thread Ryan Carboni
It does take a state-level actor to apparently disconnect *multiple *miners from the rest of the network. How many Bitcoin miners hash an entire percent or more of the Bitcoin network? What you're proposing is an attack at the highest levels of the internet infrastructure. On Mon, Dec 23, 2013

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

2013-12-23 Thread Gavin Costin
Ryan, Maybe you could test out your ideas somewhere like bitcointalk.org and/or provide some more technical substance before engaging with this forum. Developers tend to prefer dealing with numbers known to be either 1 or 0, not a variable set of possible values depending on non-technical